Peel Hunt reiterated their add rating on shares of Breedon Group (LON:BREE) in a research report sent to investors on Tuesday morning, ThisIsMoney.Co.Uk reports.
A number of other research analysts also recently issued reports on the stock. Numis Securities restated a buy rating and set a GBX 1,800 ($23.52) target price on shares of in a research report on Monday, June 3rd. Shore Capital restated a house stock rating and set a GBX 355 ($4.64) target price on shares of Telford Homes in a research report on Wednesday, May 29th. Berenberg Bank downgraded shares of to a hold rating and cut their target price for the company from GBX 265 ($3.46) to GBX 248 ($3.24) in a research report on Monday, June 3rd. Finally, Barclays restated a buy rating on shares of 1&1 Drillisch in a research report on Thursday, June 13th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of Buy and an average price target of GBX 85.25 ($1.11).
Breedon Group stock opened at GBX 61.40 ($0.80) on Tuesday. The company has a current ratio of 1.16, a quick ratio of 0.91 and a debt-to-equity ratio of 45.04. Breedon Group has a 1 year low of GBX 55.20 ($0.72) and a 1 year high of GBX 84 ($1.10). The firm has a market cap of $1.03 billion and a P/E ratio of 15.35. The company’s 50-day simple moving average is GBX 67.03.
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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