Breedon Group (LON:BREE) Insider Clive Watson Buys 715 Shares of Company Stock

Breedon Group plc (LON:BREE) insider Clive Watson bought 715 shares of Breedon Group stock in a transaction dated Thursday, November 12th. The shares were acquired at an average price of GBX 329 per share, with a total value of £2,352.35.

Breedon Group Stock Performance

Shares of BREE stock traded down GBX 3.60 during trading on Friday, reaching GBX 326.40. 527,463 shares of the company’s stock were exchanged, compared to its average volume of 5,643,502. The firm’s fifty day moving average price is GBX 324.09 and its 200-day moving average price is GBX 321.58. Breedon Group plc has a twelve month low of GBX 271.40 and a twelve month high of GBX 368. The stock has a market capitalization of £1.13 billion, a PE ratio of 13.83, a PEG ratio of 1.56 and a beta of 1.12. The company has a quick ratio of 1.12, a current ratio of 1.40 and a debt-to-equity ratio of 62.39.

Wall Street Analysts Forecast Growth

BREE has been the topic of several research analyst reports. Deutsche Bank reissued a “buy” rating and issued a GBX 475 price objective on shares of Breedon Group in a research report on Thursday, July 30th. Citigroup upped their price target on shares of Breedon Group from GBX 310 to GBX 330 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 465 price target on shares of Breedon Group in a report on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 437.

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.