Breedon Group plc (LON:BREE) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Breedon Group plc (LON:BREE) has earned an average rating of “Moderate Buy” from the six analysts that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 451.67.

A number of equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 475 price objective on shares of Breedon Group in a research note on Thursday, July 30th. Citigroup raised their target price on Breedon Group from GBX 310 to GBX 330 and gave the company a “neutral” rating in a report on Thursday, August 6th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 465 price target on shares of Breedon Group in a research report on Friday, July 31st.

Breedon Group Stock Performance

Shares of BREE opened at GBX 362 on Monday. The company has a market capitalization of £1.26 billion, a PE ratio of 15.34, a price-to-earnings-growth ratio of 1.56 and a beta of 1.08. Breedon Group has a one year low of GBX 271.40 and a one year high of GBX 383.80. The company has a debt-to-equity ratio of 62.39, a current ratio of 1.40 and a quick ratio of 1.12. The company’s fifty day moving average price is GBX 320.20 and its 200 day moving average price is GBX 318.07.

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

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 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.