Breedon Group plc (LON:BREE) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts rate Breedon Group “Moderate Buy”: Five of six analysts recommend buying the stock, while one has a hold rating. The average 12-month price target is GBX 451.67.
• Recent broker targets range from Citigroup’s GBX 330 neutral valuation to Deutsche Bank’s GBX 475 and Berenberg’s GBX 465 buy targets.
• Breedon shares opened at GBX 362, with a £1.26 billion market capitalization and a 12-month trading range of GBX 271.40 to GBX 383.80. The company reported quarterly EPS of GBX 9.40 and analysts expect full-year EPS of approximately GBX 36.86.

Breedon Group plc (LON:BREE - Get Free Report) has been given a consensus rating of "Moderate Buy" by the six analysts that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 451.67.

BREE has been the subject of a number of recent research reports. Berenberg Bank reiterated a "buy" rating and issued a GBX 465 price objective on shares of Breedon Group in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 475 target price on shares of Breedon Group in a report on Thursday, July 30th. Finally, Citigroup boosted their price target on Breedon Group from GBX 310 to GBX 330 and gave the stock a "neutral" rating in a research report on Thursday, August 6th.

Breedon Group Stock Performance

BREE stock opened at GBX 362 on Monday. The company has a quick ratio of 1.12, a current ratio of 1.40 and a debt-to-equity ratio of 62.39. The company has a market capitalization of £1.26 billion, a price-to-earnings ratio of 15.34, a P/E/G ratio of 1.56 and a beta of 1.08. Breedon Group has a 12 month low of GBX 271.40 and a 12 month high of GBX 383.80. The firm has a 50 day moving average of GBX 320.20 and a two-hundred day moving average of GBX 318.07.

Breedon Group (LON:BREE - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported GBX 9.40 EPS for the quarter. Breedon Group had a net margin of 4.66% and a return on equity of 6.73%. As a group, equities analysts anticipate that Breedon Group will post 36.8586859 EPS for the current fiscal year.

Breedon Group Company Profile

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 1.7bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants. The Group's two well-invested cement plants manufacture a product which is key to delivering infrastructure and housing, and are actively engaged in carbon reduction practices.

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