Peel Hunt Reiterates Add Rating for Breedon Group (BREE)

Peel Hunt reissued their add rating on shares of Breedon Group (LON:BREE) in a research note released on Tuesday, April 24th. Peel Hunt currently has a GBX 92 ($1.25) target price on the stock.

A number of other brokerages have also weighed in on BREE. Shore Capital reiterated a buy rating on shares of Breedon Group in a research report on Wednesday, March 7th. Numis Securities raised Breedon Group to a buy rating and set a GBX 96 ($1.30) price target on the stock in a research report on Wednesday, March 7th. Finally, Berenberg Bank increased their price target on Breedon Group from GBX 90 ($1.22) to GBX 100 ($1.36) and gave the stock a buy rating in a research report on Wednesday, April 18th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of GBX 93.55 ($1.27).

Shares of LON:BREE traded up GBX 0.40 ($0.01) on Tuesday, hitting GBX 84.40 ($1.14). The company’s stock had a trading volume of 722,350 shares, compared to its average volume of 1,180,000. Breedon Group has a 1 year low of GBX 74 ($1.00) and a 1 year high of GBX 92.50 ($1.25).

In other Breedon Group news, insider Peter W. G. Tom bought 250,000 shares of the company’s stock in a transaction dated Friday, May 4th. The shares were purchased at an average cost of GBX 81 ($1.10) per share, for a total transaction of £202,500 ($274,688.01).

Breedon Group 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.

Analyst Recommendations for Breedon Group (LON:BREE)

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