Breedon Group plc (LON:BREE) Stock Has Average Price Target of GBX 451.67 According to Brokerages

Shares of Breedon Group plc (LON:BREE) have earned an average rating of “Moderate Buy” from the six analysts that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is GBX 451.67.

A number of equities research analysts have recently weighed in on BREE shares. Citigroup raised 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. Berenberg Bank reaffirmed a “buy” rating and set a GBX 465 price target on shares of Breedon Group in a report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 475 price objective on shares of Breedon Group in a research report on Thursday, July 30th.

Breedon Group Stock Performance

LON:BREE opened at GBX 332.61 on Tuesday. Breedon Group has a twelve month low of GBX 271.40 and a twelve month high of GBX 368. The company has a quick ratio of 1.12, a current ratio of 1.40 and a debt-to-equity ratio of 62.39. The stock’s 50-day simple moving average is GBX 330.41 and its 200 day simple moving average is GBX 313.81. The firm has a market capitalization of £1.15 billion, a PE ratio of 14.09, a price-to-earnings-growth ratio of 1.56 and a beta of 1.08.

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