Breedon Group plc (LON:BREE) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• Breedon Group has a “Moderate Buy” consensus from six covering brokerages: five rate the stock a buy and one recommends holding it.
• Analysts’ average one-year price target is GBX 451.67, with recent targets ranging from GBX 330 at Citigroup to GBX 475 at Deutsche Bank.
• Shares opened at GBX 313.60, while the company recently 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 assigned an average recommendation of "Moderate Buy" from the six research firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 451.67.

BREE has been the topic of several recent research reports. Berenberg Bank reiterated a "buy" rating and issued a GBX 465 price objective on shares of Breedon Group in a research note 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 research report on Thursday, July 30th. Finally, Citigroup increased their price target on shares of 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

Shares of LON BREE opened at GBX 313.60 on Friday. 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 firm's 50-day moving average price is GBX 333.09 and its 200-day moving average price is GBX 315.65. Breedon Group has a 52-week low of GBX 271.40 and a 52-week high of GBX 373. The company has a market cap of £1.09 billion, a PE ratio of 13.29, a PEG ratio of 1.56 and a beta of 1.08.

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

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 1.7bn 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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