Breedon Group (LON:BREE) has been assigned an average recommendation of “Buy” from the six brokerages that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is GBX 93.60 ($1.32).
Several research firms recently issued reports on BREE. Peel Hunt restated an “add” rating and set a GBX 92 ($1.30) price objective on shares of Breedon Group in a research report on Wednesday, March 7th. Numis Securities upgraded shares of Breedon Group to a “buy” rating and set a GBX 96 ($1.36) price objective for the company in a research report on Wednesday, March 7th. Finally, Shore Capital restated a “buy” rating on shares of Breedon Group in a research report on Wednesday, March 7th.
Breedon Group stock remained flat at $GBX 78.30 ($1.11) during midday trading on Thursday. 570,700 shares of the company traded hands, compared to its average volume of 1,180,000. Breedon Group has a 52-week low of GBX 74 ($1.05) and a 52-week high of GBX 92.50 ($1.31).
About Breedon Group
Breedon Group plc, formerly Breedon Aggregates Limited, is an independent construction materials company. The Company’s operations include a cement plant, two cementitious import terminals, approximately 60 quarries, over 30 asphalt plants, over 200 ready-mixed concrete plants and three concrete products plants.
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