Breedon Group plc (LON:BREE) Receives Consensus Rating of “Moderate Buy” from Brokerages

Breedon Group plc (LON:BREE) has earned an average rating of “Moderate Buy” from the six research firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 451.67.

Several analysts have recently commented on BREE shares. Berenberg Bank restated a “buy” rating and set a GBX 465 price objective on shares of Breedon Group in a research report on Friday, July 31st. Citigroup upped their target price on shares of Breedon Group from GBX 310 to GBX 330 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 475 price target on shares of Breedon Group in a report on Thursday, July 30th.

Breedon Group Trading Down 0.6%

Shares of LON:BREE opened at GBX 313.60 on Friday. The stock has a 50 day moving average of GBX 333.09 and a 200 day moving average of GBX 315.65. The company has a market cap of £1.09 billion, a PE ratio of 13.29, a price-to-earnings-growth ratio of 1.56 and a beta of 1.08. The company has a current ratio of 1.40, a quick ratio of 1.12 and a debt-to-equity ratio of 62.39. Breedon Group has a 12-month low of GBX 271.40 and a 12-month high of GBX 373.

Breedon Group (LON:BREE) last released its earnings results on Wednesday, July 29th. The company reported GBX 9.40 EPS for the quarter. Breedon Group had a net margin of 4.66% and a return on equity of 6.73%. As a group, equities research analysts expect that Breedon Group will post 36.8586859 EPS for the current year.

About Breedon Group

Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the USA, delivers essential products to the construction sector. Breedon holds 1.7bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants. The Group’s two well-invested cement plants manufacture a product which is key to delivering infrastructure and housing, and are actively engaged in carbon reduction practices.