Breedon Group PLC (BREE) Stock Rating Reaffirmed by Numis Securities Ltd

Breedon Group PLC (LON:BREE)‘s stock had its “add” rating reissued by stock analysts at Numis Securities Ltd in a report released on Thursday. They currently have a GBX 96 ($1.27) target price on the stock. Numis Securities Ltd’s price target indicates a potential upside of 8.97% from the company’s previous close.

Other equities research analysts have also issued reports about the company. Peel Hunt reaffirmed a “buy” rating and issued a GBX 90 ($1.19) price objective on shares of Breedon Group PLC in a research note on Thursday, July 20th. Jefferies Group LLC raised their price objective on Breedon Group PLC from GBX 99 ($1.31) to GBX 102 ($1.35) and gave the company a “buy” rating in a research note on Tuesday, September 19th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Breedon Group PLC in a research note on Friday, September 22nd. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Breedon Group PLC currently has a consensus rating of “Buy” and a consensus price target of GBX 93.25 ($1.23).

Breedon Group PLC (LON BREE) traded up GBX 0.85 ($0.01) during trading hours on Thursday, hitting GBX 88.10 ($1.16). The stock had a trading volume of 2,030,000 shares, compared to its average volume of 791,735. Breedon Group PLC has a 1-year low of GBX 68.75 ($0.91) and a 1-year high of GBX 92.50 ($1.22).

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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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