Breedon Group PLC (BREE) Receives GBX 89.75 Average PT from Brokerages

Breedon Group PLC (LON:BREE) has been assigned a consensus rating of “Buy” from the six brokerages that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is GBX 89.75 ($1.19).

BREE has been the subject of several analyst reports. Peel Hunt reaffirmed a “buy” rating and set a GBX 90 ($1.20) target price on shares of Breedon Group PLC in a report on Monday, October 2nd. Shore Capital reaffirmed a “buy” rating on shares of Breedon Group PLC in a report on Friday, September 22nd. Finally, Jefferies Group LLC upped their target price on Breedon Group PLC from GBX 99 ($1.32) to GBX 102 ($1.36) and gave the company a “buy” rating in a report on Tuesday, September 19th.

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Breedon Group PLC (BREE) remained flat at GBX 86.00 during mid-day trading on Thursday. The stock had a trading volume of 264,519 shares. The firm’s market cap is GBX 1.22 billion. Breedon Group PLC has a 1-year low of GBX 65.80 and a 1-year high of GBX 90.49. The stock’s 50 day moving average is GBX 87.42 and its 200-day moving average is GBX 84.89.

Breedon Group PLC Company Profile

Breedon Group plc, formerly Breedon Aggregates Limited, is an independent construction materials company. The Company’s operations include a cement plant, two cementitious import terminals, approximately 60 quarries, over 30 asphalt plants, over 200 ready-mixed concrete plants and three concrete products plants.

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