London: Breedon Group (LON:BREE) Stock Has Just Had Its Buy Rating Reiterated by Numis. Shares now Have a GBX 105.00 Target

September 8, 2018 - By Palma Niemeyer

Breedon Group (LON:BREE) Rating Reaffirmed

London: In a research report sent to investors and clients on Thursday morning, Numis reaffirmed their Buy rating on Breedon Group (LON:BREE) shares. They now have a GBX 105.00 price target on the company. Numis’s target indicates a potential upside of 33.42 % from the company’s last close price.

Breedon Group plc (LON:BREE) Ratings Coverage

Among 4 analysts covering Breedon Aggregates (LON:BREE), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Breedon Aggregates has GBX 105 highest and GBX 78.30 lowest target. GBX 94.08’s average target is 21.24% above currents GBX 77.6 stock price. Breedon Aggregates had 8 analyst reports since April 17, 2018 according to SRatingsIntel. Numis Securities maintained Breedon Group plc (LON:BREE) on Thursday, September 6 with “Buy” rating. The firm has “Buy” rating given on Wednesday, April 18 by Numis Securities. The firm earned “Buy” rating on Wednesday, April 18 by Berenberg. The firm has “Add” rating given on Tuesday, April 17 by Peel Hunt. The firm earned “Buy” rating on Tuesday, April 17 by Shore Capital. Peel Hunt maintained Breedon Group plc (LON:BREE) on Tuesday, April 24 with “Add” rating. Peel Hunt maintained the shares of BREE in report on Wednesday, September 5 with “Add” rating. The stock of Breedon Group plc (LON:BREE) has “Buy” rating given on Wednesday, September 5 by Shore Capital.

The stock decreased 1.02% or GBX 0.8 during the last trading session, reaching GBX 77.6. About 506,979 shares traded. Breedon Group plc (LON:BREE) has 0.00% since September 8, 2017 and is . It has underperformed by 12.57% the S&P500.

Breedon Group plc, through its subsidiaries, engages in the quarrying, production, and sale of aggregates and related activities in England and Scotland. The company has market cap of 1.30 billion GBP. The firm offers various aggregates for the construction market, such as crushed rock, sand, and gravel; decorative aggregates for architectural applications; agricultural lime, polished stone value aggregates, granular mineral fillers, secondary aggregates, and white limestone products for civil engineer, industrial and commercial, agricultural, landscaping, and the rail industry customers. It has a 20.97 P/E ratio. It also provides a range of surfacing materials, including specialist asphalt products for trunk roads, motorways, car parks, driveways, footpaths, and farm roads for local authorities, civil engineers, surfacing contractors, and utilities; and ready-mixed concrete, screeds, and mortar for various construction projects.

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