Breedon Aggregates Ltd (BREE) Given “Buy” Rating at Peel Hunt
A number of other equities research analysts also recently weighed in on BREE. Berenberg Bank reissued a buy rating and set a GBX 80 ($1.07) price target on shares of Breedon Aggregates in a research note on Friday, July 22nd. Goodbody reaffirmed a buy rating on shares of Breedon Aggregates in a research note on Monday, August 1st. Numis Securities Ltd reaffirmed an add rating and issued a GBX 82 ($1.09) target price on shares of Breedon Aggregates in a research note on Thursday, August 11th. Finally, Jefferies Group upped their target price on shares of Breedon Aggregates from GBX 70 ($0.93) to GBX 84 ($1.12) and gave the company a buy rating in a research note on Friday, July 29th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The company has an average rating of Buy and a consensus price target of GBX 80.75 ($1.08).
Breedon Aggregates (LON:BREE) opened at 71.20 on Friday. Breedon Aggregates has a 52-week low of GBX 52.50 and a 52-week high of GBX 77.13. The firm’s market cap is GBX 819.95 million. The firm has a 50-day moving average of GBX 71.15 and a 200 day moving average of GBX 69.99.
In other news, insider Williams,David sold 6,710,636 shares of the company’s stock in a transaction that occurred on Friday, September 2nd. The shares were sold at an average price of GBX 72 ($0.96), for a total value of £4,831,657.92 ($6,435,346.19).
Breedon Aggregates Company Profile
Breedon Aggregates Limited is a United Kingdom-based holding company for companies involved in the quarrying, production and sale of aggregates and related activities. The Company is an integrated aggregates company. The principal activities of the Company are the quarrying of aggregates and the production of added value products, including asphalt and ready-mixed concrete, collectively known as aggregates, together with related activities in Great Britain and Jersey.
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