Breedon Group (LON:BREE) Announces Quarterly Earnings Results

Breedon Group (LON:BREE) issued its quarterly earnings results on Wednesday. The company reported GBX 14.50 ($0.19) earnings per share for the quarter, reports. Breedon Group had a net margin of 6.34% and a return on equity of 8.58%.

Breedon Group Stock Up 0.0 %

Shares of LON BREE opened at GBX 478.04 ($6.16) on Friday. The stock has a market capitalization of £1.65 billion, a price-to-earnings ratio of 17.12, a price-to-earnings-growth ratio of 1.56 and a beta of 1.29. Breedon Group has a 52 week low of GBX 356 ($4.59) and a 52 week high of GBX 501 ($6.46). The firm has a 50-day moving average price of GBX 435.67 and a 200 day moving average price of GBX 434.79. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 44.86.

Analyst Ratings Changes

BREE has been the subject of several recent research reports. Berenberg Bank increased their target price on shares of Breedon Group from GBX 540 ($6.96) to GBX 590 ($7.60) and gave the stock a “buy” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 520 ($6.70) price objective on shares of Breedon Group in a research report on Friday, November 22nd. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 575 ($7.41) target price on shares of Breedon Group in a research note on Friday, November 22nd.

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 1bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.