Insider Selling: Breedon Group (LON:BREE) Insider Sells 19,318 Shares of Stock

Breedon Group plc (LON:BREE) insider James Brotherton sold 19,318 shares of the company’s stock in a transaction on Monday, April 13th. The stock was sold at an average price of GBX 314, for a total transaction of £60,658.52.

Breedon Group Price Performance

LON:BREE traded up GBX 6 during trading hours on Tuesday, reaching GBX 318. 3,609,653 shares of the company were exchanged, compared to its average volume of 9,006,406. The stock’s 50-day moving average is GBX 333.52 and its 200-day moving average is GBX 333.62. The firm has a market cap of £1.10 billion, a PE ratio of 13.14, a price-to-earnings-growth ratio of 1.56 and a beta of 1.12. The company has a current ratio of 1.35, a quick ratio of 1.12 and a debt-to-equity ratio of 53.71. Breedon Group plc has a twelve month low of GBX 294.20 and a twelve month high of GBX 483.

Breedon Group (LON:BREE) last issued its earnings results on Wednesday, March 11th. The company reported GBX 31.80 EPS for the quarter. Breedon Group had a net margin of 4.89% and a return on equity of 7.14%. On average, sell-side analysts anticipate that Breedon Group plc will post 36.8586859 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently commented on BREE. Berenberg Bank reiterated a “buy” rating and issued a GBX 465 target price on shares of Breedon Group in a research report on Monday, March 16th. Stifel Nicolaus dropped their price objective on shares of Breedon Group from GBX 430 to GBX 415 and set a “buy” rating for the company in a report on Tuesday, March 31st. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 449.

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.