Breedon Group plc (LON:BREE - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 447.49 ($6.08) and traded as high as GBX 456.40 ($6.20). Breedon Group shares last traded at GBX 442.80 ($6.01), with a volume of 429,920 shares.
Analysts Set New Price Targets
Several equities analysts have weighed in on the stock. Berenberg Bank lifted their price target on shares of Breedon Group from GBX 540 ($7.33) to GBX 590 ($8.01) and gave the company a "buy" rating in a report on Thursday, March 6th. Royal Bank of Canada dropped their price objective on shares of Breedon Group from GBX 650 ($8.83) to GBX 625 ($8.49) and set an "outperform" rating for the company in a research note on Tuesday, April 15th.
Read Our Latest Stock Analysis on Breedon Group
Breedon Group Trading Down 1.4%
The stock's 50 day moving average is GBX 447.11 and its two-hundred day moving average is GBX 447.26. The company has a market capitalization of £1.50 billion, a PE ratio of 15.63, a price-to-earnings-growth ratio of 1.56 and a beta of 1.29. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 44.86.
Insider Buying and Selling
In other news, insider Clive Watson purchased 3,223 shares of the firm's stock in a transaction on Friday, May 2nd. The stock was acquired at an average cost of GBX 450 ($6.11) per share, with a total value of £14,503.50 ($19,692.46). Also, insider James Brotherton sold 43,648 shares of the stock in a transaction dated Friday, April 11th. The shares were sold at an average price of GBX 430 ($5.84), for a total transaction of £187,686.40 ($254,835.57). 23.90% of the stock is owned by insiders.
Breedon Group Company Profile
(
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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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