Clive Watson Acquires 436 Shares of Breedon Group (LON:BREE) Stock

Breedon Group plc (LON:BREE) insider Clive Watson purchased 436 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was acquired at an average price of GBX 333 per share, for a total transaction of £1,451.88.

Breedon Group Price Performance

Shares of LON:BREE traded up GBX 0.60 during trading hours on Wednesday, hitting GBX 333.20. 966,768 shares of the company’s stock traded hands, compared to its average volume of 1,809,775. The company’s fifty day simple moving average is GBX 348.89 and its two-hundred day simple moving average is GBX 385.88. The company has a market cap of £1.15 billion, a price-to-earnings ratio of 12.82, a price-to-earnings-growth ratio of 1.56 and a beta of 1.29. The company has a debt-to-equity ratio of 44.86, a quick ratio of 1.12 and a current ratio of 1.44. Breedon Group plc has a 52 week low of GBX 321.80 and a 52 week high of GBX 501.

Analysts Set New Price Targets

BREE has been the topic of several recent research reports. Citigroup decreased their price target on shares of Breedon Group from GBX 410 to GBX 360 and set a “neutral” rating on the stock in a research report on Wednesday, October 22nd. Royal Bank Of Canada reduced their price objective on Breedon Group from GBX 575 to GBX 525 and set an “outperform” rating for the company in a research note on Friday, November 7th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 540 target price on shares of Breedon Group in a report on Monday, September 8th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Breedon Group has an average rating of “Moderate Buy” and a consensus price target of GBX 486.25.

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 1.5bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.