Breedon Group (BREE) Given New GBX 84 Price Target at Peel Hunt

Breedon Group (LON:BREE) had its target price decreased by Peel Hunt from GBX 93 ($1.22) to GBX 84 ($1.10) in a research note published on Wednesday. Peel Hunt currently has an add rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Numis Securities restated a buy rating and issued a GBX 105 ($1.37) price objective (up previously from GBX 96 ($1.25)) on shares of Breedon Group in a research report on Thursday, September 6th. Shore Capital restated a buy rating on shares of Breedon Group in a research report on Wednesday, September 5th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of GBX 92.06 ($1.20).

Shares of LON:BREE opened at GBX 67.20 ($0.88) on Wednesday. Breedon Group has a 52 week low of GBX 74 ($0.97) and a 52 week high of GBX 92.50 ($1.21).

In related news, insider Pat Ward purchased 75,000 shares of Breedon Group stock in a transaction dated Thursday, October 11th. The stock was bought at an average cost of GBX 65 ($0.85) per share, for a total transaction of £48,750 ($63,700.51). Also, insider Peter Cornell purchased 2,765 shares of Breedon Group stock in a transaction dated Tuesday, October 23rd. The shares were bought at an average price of GBX 72 ($0.94) per share, with a total value of £1,990.80 ($2,601.33).

Breedon Group Company Profile

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.

Further Reading: Balance Sheet

Analyst Recommendations for Breedon Group (LON:BREE)

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