Royal Bank of Canada Reaffirms Outperform Rating for Breedon Group (LON:BREE)

Royal Bank of Canada restated their outperform rating on shares of Breedon Group (LON:BREE) in a research note released on Friday morning, Marketbeat reports. They currently have a GBX 575 ($7.21) target price on the stock.

Breedon Group Trading Up 3.2 %

Shares of BREE stock opened at GBX 466.50 ($5.85) on Friday. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 44.85. Breedon Group has a 12-month low of GBX 328 ($4.11) and a 12-month high of GBX 470.50 ($5.90). The stock has a market capitalization of £1.60 billion, a P/E ratio of 1,673.21, a P/E/G ratio of 1.56 and a beta of 1.29. The firm’s 50 day moving average is GBX 432.26 and its 200 day moving average is GBX 411.17.

Insider Activity at Breedon Group

In other Breedon Group news, insider Clive Watson acquired 261 shares of the business’s stock in a transaction dated Tuesday, November 12th. The stock was purchased at an average price of GBX 457 ($5.73) per share, with a total value of £1,192.77 ($1,495.26). 23.90% of the stock is owned by company insiders.

Breedon Group Company Profile

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.