Peel Hunt Reiterates “Buy” Rating for Breedon Group PLC (BREE)
Breedon Group PLC (LON:BREE)‘s stock had its “buy” rating reissued by stock analysts at Peel Hunt in a research note issued to investors on Wednesday. They presently have a GBX 77 ($0.96) price objective on the stock. Peel Hunt’s target price indicates a potential upside of 3.53% from the company’s previous close.
Separately, Numis Securities Ltd reissued an “add” rating and issued a GBX 82 ($1.02) target price on shares of Breedon Group PLC in a research note on Thursday, August 11th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 80.75 ($1.00).
Breedon Group PLC (LON:BREE) opened at 74.90 on Wednesday. The firm’s market capitalization is GBX 862.56 million. The firm has a 50-day moving average price of GBX 70.11 and a 200-day moving average price of GBX 69.46. Breedon Group PLC has a 52 week low of GBX 54.55 and a 52 week high of GBX 77.13.
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In other Breedon Group PLC news, insider Williams,David sold 6,710,636 shares of the company’s stock in a transaction dated Friday, September 2nd. The shares were sold at an average price of GBX 72 ($0.89), for a total transaction of £4,831,657.92 ($5,993,869.15).
About Breedon Group PLC
Breedon Group plc, formerly Breedon Aggregates Limited, is a United Kingdom-based holding company for companies involved in the quarrying, production and sale of aggregates and related activities. The Company is an integrated aggregates company. The principal activities of the Company are the quarrying of aggregates and the production of added value products, including asphalt and ready-mixed concrete, collectively known as aggregates, together with related activities in Great Britain and Jersey.
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