Breedon Group plc (BREE.L) – What Are Investment Firms Thinking About This Stock?

Breedon Group plc (LON:BREE) has been given an average recommendation of “Moderate Buy” by the six brokerages that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 451.67.

A number of brokerages have recently commented on BREE. Citigroup lifted their price target on shares of Breedon Group from GBX 310 to GBX 330 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 475 price objective on shares of Breedon Group in a research report on Thursday, July 30th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 465 price objective on shares of Breedon Group in a research note on Friday, July 31st.

Breedon Group Trading Up 0.6%

Breedon Group stock opened at GBX 306.75 on Tuesday. The stock has a 50-day moving average price of GBX 332.70 and a 200 day moving average price of GBX 313.65. Breedon Group has a 52 week low of GBX 271.40 and a 52 week high of GBX 368. The stock has a market cap of £1.06 billion, a PE ratio of 13.00, a P/E/G ratio of 1.56 and a beta of 1.08. The company has a current ratio of 1.40, a quick ratio of 1.12 and a debt-to-equity ratio of 62.39.

Breedon Group (LON:BREE) last released its earnings results on Wednesday, July 29th. The company reported GBX 9.40 earnings per share (EPS) for the quarter. Breedon Group had a net margin of 4.66% and a return on equity of 6.73%. Equities research analysts predict that Breedon Group will post 36.86 earnings per share for the current fiscal year.

Breedon Group Company Profile

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 1.7bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants. The Group’s two well-invested cement plants manufacture a product which is key to delivering infrastructure and housing, and are actively engaged in carbon reduction practices.