Breedon Group’s (BREE) “Buy” Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Breedon Group (LON:BREE)‘s stock had its “buy” rating reaffirmed by stock analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Friday,Digital Look reports. They currently have a GBX 520 ($6.55) price objective on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 10.99% from the company’s previous close.

Separately, Royal Bank of Canada reissued an “outperform” rating and set a GBX 575 ($7.24) target price on shares of Breedon Group in a research report on Friday.

Breedon Group Stock Up 3.7 %

Breedon Group stock traded up GBX 16.50 ($0.21) during midday trading on Friday, reaching GBX 468.50 ($5.90). The company’s stock had a trading volume of 412,146 shares, compared to its average volume of 1,017,846. The business has a 50-day simple moving average of GBX 432.26 and a 200-day simple moving average of GBX 411.17. The company has a market cap of £1.61 billion, a P/E ratio of 1,673.21, a P/E/G ratio of 1.56 and a beta of 1.29. Breedon Group has a fifty-two week low of GBX 328 ($4.13) and a fifty-two week high of GBX 470.50 ($5.92). The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 44.85.

Insider Buying and Selling

In other news, insider Clive Watson acquired 261 shares of the company’s stock in a transaction on Tuesday, November 12th. The shares were bought at an average price of GBX 457 ($5.75) per share, with a total value of £1,192.77 ($1,501.66). 23.90% of the stock is owned by company insiders.

About Breedon Group

Breedon Group plc, together with its subsidiaries, engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom, Republic of Ireland, and internationally. It offers various aggregates, such as crushed rock, high polished stone value, sand and gravel, self-binding gravels, decorative aggregates, recycled aggregates, white limestone products, agricultural lime, granular mineral fillers, and welsh slates for use in the construction market.