Breedon Group (LON:BREE) Shares Cross Below 200 Day Moving Average of $0.00

Shares of Breedon Group PLC (LON:BREE) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as low as $60.10. Breedon Group shares last traded at $60.60, with a volume of 351,134 shares changing hands.

A number of research analysts recently weighed in on the company. Shore Capital reissued a “buy” rating on shares of Breedon Group in a research note on Thursday, July 25th. Berenberg Bank reissued a “buy” rating and issued a GBX 85 ($1.11) price objective on shares of Breedon Group in a research note on Monday, June 3rd. Peel Hunt reissued an “add” rating on shares of Breedon Group in a research note on Monday, July 22nd. Numis Securities reissued a “buy” rating on shares of Breedon Group in a research note on Monday, June 3rd. Finally, Barclays cut their price objective on Breedon Group from GBX 75 ($0.98) to GBX 70 ($0.91) and set an “equal weight” rating on the stock in a research note on Friday, July 26th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of GBX 84 ($1.10).

The company’s 50 day moving average is GBX 62.79. The company has a quick ratio of 0.92, a current ratio of 1.17 and a debt-to-equity ratio of 45.56. The company has a market capitalization of $1.01 billion and a price-to-earnings ratio of 13.95.

About Breedon Group (LON:BREE)

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.

See Also: Call Option Volume

Receive News & Ratings for Breedon Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Breedon Group and related companies with MarketBeat.com's FREE daily email newsletter.