Breedon Group (LON:BREE) Insider Rob Wood Sells 28,559 Shares

Key Points

• Insider Rob Wood sold 28,559 shares on April 13 at an average price of GBX 314, for a total value of £89,675.26.
• Shares traded up to GBX 318 with volume of 3.61M (vs. average 9.01M); the company has a market cap of £1.10bn, a P/E of 13.14, 50- and 200-day SMAs around GBX 333, and a 12‑month range of GBX 294.20–483.
• Analyst sentiment is generally positive (four Buys, one Hold) with a consensus "Moderate Buy" and a consensus price target of GBX 449, though recent targets vary (Stifel cut to GBX 415; Berenberg at GBX 465).

Breedon Group plc (LON:BREE - Get Free Report) insider Rob Wood sold 28,559 shares of the firm's stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of GBX 314, for a total value of £89,675.26.

Breedon Group Price Performance

LON BREE traded up GBX 6 on Tuesday, reaching GBX 318. 3,609,653 shares of the stock traded hands, compared to its average volume of 9,006,406. The company has a market cap of £1.10 billion, a price-to-earnings ratio of 13.14, a P/E/G ratio of 1.56 and a beta of 1.12. The company has a quick ratio of 1.12, a current ratio of 1.35 and a debt-to-equity ratio of 53.71. The firm's fifty day simple moving average is GBX 333.52 and its 200 day simple moving average is GBX 333.62. Breedon Group plc has a 12 month low of GBX 294.20 and a 12 month high of GBX 483.

Breedon Group (LON:BREE - Get Free Report) last released its quarterly earnings data on Wednesday, March 11th. The company reported GBX 31.80 earnings per share for the quarter. Breedon Group had a return on equity of 7.14% and a net margin of 4.89%. As a group, research analysts predict that Breedon Group plc will post 36.8586859 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on BREE shares. Stifel Nicolaus cut their price objective on Breedon Group from GBX 430 to GBX 415 and set a "buy" rating for the company in a report on Tuesday, March 31st. Berenberg Bank reiterated a "buy" rating and set a GBX 465 price objective on shares of Breedon Group in a report on Monday, March 16th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of GBX 449.

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.

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