Shares of Breedon Group plc (LON:BREE - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 447.33 ($6.07) and traded as high as GBX 456.60 ($6.20). Breedon Group shares last traded at GBX 446.20 ($6.06), with a volume of 336,142 shares trading hands.
Wall Street Analysts Forecast Growth
BREE has been the subject of a number of analyst reports. Berenberg Bank raised their price objective on shares of Breedon Group from GBX 540 ($7.33) to GBX 590 ($8.01) and gave the company a "buy" rating in a research report on Thursday, March 6th. Royal Bank of Canada dropped their price target on Breedon Group from GBX 650 ($8.83) to GBX 625 ($8.49) and set an "outperform" rating for the company in a research report on Tuesday, April 15th.
Read Our Latest Stock Analysis on BREE
Breedon Group Price Performance
The business's fifty day moving average price is GBX 445.58 and its 200-day moving average price is GBX 447.32. The company has a market capitalization of £1.54 billion, a P/E ratio of 16.02, a P/E/G ratio of 1.56 and a beta of 1.29. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 44.86.
Breedon Group (LON:BREE - Get Free Report) last announced its quarterly earnings data on Wednesday, March 5th. The company reported GBX 14.50 ($0.20) EPS for the quarter. Breedon Group had a return on equity of 8.58% and a net margin of 6.34%. As a group, sell-side analysts predict that Breedon Group plc will post 36.8586859 earnings per share for the current fiscal year.
Insider Activity
In other Breedon Group news, insider James Brotherton sold 43,648 shares of the business's stock in a transaction dated Friday, April 11th. The shares were sold at an average price of GBX 430 ($5.84), for a total value of £187,686.40 ($254,870.18). Also, insider Clive Watson purchased 3,223 shares of the stock in a transaction on Friday, May 2nd. The shares were acquired at an average cost of GBX 450 ($6.11) per share, with a total value of £14,503.50 ($19,695.14). Insiders own 23.90% of the company's stock.
About Breedon Group
(
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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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