Breedon Group (LON:BREE) Receives Outperform Rating from Royal Bank of Canada

Breedon Group (LON:BREE)‘s stock had its “outperform” rating reaffirmed by equities researchers at Royal Bank of Canada in a research report issued on Friday, Marketbeat reports. They presently have a GBX 575 ($7.21) price objective on the stock. Royal Bank of Canada’s price objective indicates a potential upside of 23.26% from the stock’s current price.

Breedon Group Stock Up 3.2 %

Shares of LON BREE opened at GBX 466.50 ($5.85) on Friday. The company has a 50 day simple moving average of GBX 433.35 and a 200-day simple moving average of GBX 411.82. The company has a market capitalization of £1.60 billion, a P/E ratio of 1,666.07, a P/E/G ratio of 1.56 and a beta of 1.29. The company has a debt-to-equity ratio of 44.85, a current ratio of 1.44 and a quick ratio of 1.12. Breedon Group has a 1 year low of GBX 328 ($4.11) and a 1 year high of GBX 470.50 ($5.90).

Insider Transactions at Breedon Group

In related news, insider Clive Watson acquired 261 shares of the stock in a transaction that occurred on 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). Insiders own 23.90% of the company’s stock.

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.