Amit Bhatia Sells 200,000 Shares of Breedon Group (LON:BREE) Stock

Breedon Group plc (LON:BREE) insider Amit Bhatia sold 200,000 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of GBX 393, for a total transaction of £786,000.

Amit Bhatia also recently made the following trade(s):

• On Tuesday, November 25th, Amit Bhatia purchased 200,000 shares of Breedon Group stock. The stock was bought at an average price of GBX 370 per share, with a total value of £740,000.

Breedon Group Stock Down 1.4%

BREE traded down GBX 4.60 during trading on Tuesday, hitting GBX 323.20. The company had a trading volume of 820,199 shares, compared to its average volume of 2,075,859. Breedon Group plc has a 1-year low of GBX 300 and a 1-year high of GBX 501. The company has a debt-to-equity ratio of 44.86, a current ratio of 1.44 and a quick ratio of 1.12. The company has a market cap of £1.12 billion, a PE ratio of 12.43, a P/E/G ratio of 1.56 and a beta of 1.29. The business has a 50-day moving average of GBX 337.98 and a 200-day moving average of GBX 373.96.

Analyst Ratings Changes

Several equities analysts have recently commented on BREE shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 540 price target on shares of Breedon Group in a research report on Monday, September 8th. Citigroup reduced their target price on Breedon Group from GBX 360 to GBX 340 and set a “neutral” rating on the stock in a report on Thursday, November 27th. Royal Bank Of Canada lowered their price target on Breedon Group from GBX 575 to GBX 525 and set an “outperform” rating for the company in a report on Friday, November 7th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 500 price target on shares of Breedon Group in a research report on Thursday, November 20th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Breedon Group has an average rating of “Moderate Buy” and an average target price of GBX 476.25.

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.