Breedon Group PLC (BREE) Receives GBX 96.80 Consensus Target Price from Brokerages
Shares of Breedon Group PLC (LON:BREE) have earned an average recommendation of “Buy” from the six brokerages that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 98.60 ($1.28).
BREE has been the topic of several research analyst reports. Numis Securities restated a “buy” rating and issued a GBX 105 ($1.37) price objective (up from GBX 96 ($1.25)) on shares of Breedon Group in a research report on Thursday. Peel Hunt boosted their price objective on Breedon Group from GBX 92 ($1.20) to GBX 93 ($1.21) and gave the company an “add” rating in a research report on Wednesday, September 5th. Finally, Shore Capital restated a “buy” rating on shares of Breedon Group in a research report on Wednesday, September 5th.
Shares of Breedon Group stock traded down GBX 1.10 ($0.01) during trading hours on Wednesday, hitting GBX 76.50 ($1.00). The company’s stock had a trading volume of 1,729,028 shares, compared to its average volume of 1,180,000. Breedon Group has a 12-month low of GBX 74 ($0.96) and a 12-month high of GBX 92.50 ($1.20).
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.
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