Pat Ward Purchases 75,000 Shares of Breedon Group PLC (BREE) Stock
Breedon Group PLC (LON:BREE) insider Pat Ward bought 75,000 shares of the company’s stock in a transaction that occurred on Thursday, October 11th. The shares were purchased at an average price of GBX 65 ($0.85) per share, with a total value of £48,750 ($63,700.51).
Shares of LON:BREE opened at GBX 68 ($0.89) on Friday. Breedon Group PLC has a one year low of GBX 74 ($0.97) and a one year high of GBX 92.50 ($1.21).
Several equities research analysts have weighed in on the stock. Peel Hunt raised their price objective on shares of Breedon Group from GBX 92 ($1.20) to GBX 93 ($1.22) and gave the company an “add” rating in a research report on Wednesday, September 5th. Numis Securities restated a “buy” rating and issued a GBX 105 ($1.37) price objective (up previously from GBX 96 ($1.25)) on shares of Breedon Group in a research report on Thursday, September 6th. Finally, Shore Capital restated a “buy” rating on shares of Breedon Group in a research report on Wednesday, September 5th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of GBX 93.86 ($1.23).
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.
Featured Article: Why do company’s buyback their stock?
Receive News & Ratings for Breedon Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Breedon Group and related companies with MarketBeat.com's FREE daily email newsletter.