Breedon Group plc (LON:BREE) Stock Has Consensus Target Price of GBX 451.67

Shares of Breedon Group plc (LON:BREE) have been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 451.67.

A number of brokerages recently issued reports on BREE. Citigroup raised their price objective on shares of Breedon Group from GBX 310 to GBX 330 and gave the company a “neutral” rating in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 475 target price on shares of Breedon Group in a research report on Thursday, July 30th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 465 target price on shares of Breedon Group in a report on Friday, July 31st.

Breedon Group Stock Down 2.7%

Shares of LON:BREE opened at GBX 322.40 on Tuesday. Breedon Group has a 52-week low of GBX 271.40 and a 52-week high of GBX 368. The company has a market capitalization of £1.12 billion, a PE ratio of 13.66, a price-to-earnings-growth ratio of 1.56 and a beta of 1.08. The company has a debt-to-equity ratio of 62.39, a quick ratio of 1.12 and a current ratio of 1.40. The company has a fifty day moving average of GBX 330.08 and a 200-day moving average of GBX 314.16.

Breedon Group (LON:BREE) last released its quarterly earnings results on Wednesday, July 29th. The company reported GBX 9.40 earnings per share for the quarter. Breedon Group had a return on equity of 6.73% and a net margin of 4.66%. On average, equities analysts predict that Breedon Group will post 36.86 EPS for the current fiscal year.

Breedon Group Company Profile

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.