Insider Selling: Breedon Group (LON:BREE) Insider Sells £89,675.26 in Stock

Breedon Group plc (LON:BREE) insider Rob Wood sold 28,559 shares of the company’s stock in a transaction on Monday, April 13th. The shares were sold at an average price of GBX 314, for a total transaction of £89,675.26.

Breedon Group Price Performance

Shares of BREE opened at GBX 316.40 on Friday. The company’s 50-day moving average is GBX 331.74 and its 200-day moving average is GBX 333.19. The company has a debt-to-equity ratio of 53.71, a current ratio of 1.35 and a quick ratio of 1.12. The firm has a market capitalization of £1.10 billion, a PE ratio of 13.07, a PEG ratio of 1.56 and a beta of 1.12. Breedon Group plc has a fifty-two week low of GBX 294.20 and a fifty-two week high of GBX 483.

Breedon Group (LON:BREE) last announced its earnings results on Wednesday, March 11th. The company reported GBX 31.80 EPS for the quarter. Breedon Group had a net margin of 4.89% and a return on equity of 7.14%. Equities analysts forecast that Breedon Group plc will post 36.8586859 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 465 target price on shares of Breedon Group in a research report on Monday, March 16th. Stifel Nicolaus reduced their price target on Breedon Group from GBX 430 to GBX 415 and set a “buy” rating for the company in a research note on Tuesday, March 31st. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 449.

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 1.5bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.