Shore Capital Reaffirms Buy Rating for Breedon Group PLC (BREE)

Breedon Group PLC (LON:BREE)‘s stock had its “buy” rating reaffirmed by stock analysts at Shore Capital in a note issued to investors on Tuesday, August 8th.

BREE has been the subject of several other research reports. Peel Hunt restated a “buy” rating and issued a GBX 90 ($1.17) target price on shares of Breedon Group PLC in a research report on Thursday, July 20th. Jefferies Group LLC upped their target price on shares of Breedon Group PLC from GBX 92 ($1.19) to GBX 99 ($1.29) and gave the stock a “buy” rating in a research report on Monday, June 26th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 85 ($1.10) price objective on shares of Breedon Group PLC in a report on Thursday, April 20th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of GBX 89 ($1.16).

Breedon Group PLC (LON BREE) remained flat at GBX 88.25 on Tuesday. 177,820 shares of the stock were exchanged. Breedon Group PLC has a 52-week low of GBX 65.80 and a 52-week high of GBX 92.90. The company’s market capitalization is GBX 1.25 billion. The company has a 50-day moving average of GBX 88.80 and a 200 day moving average of GBX 81.44.

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About Breedon Group PLC

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.

Analyst Recommendations for Breedon Group PLC (LON:BREE)

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