Breedon Group’s (BREE) “Buy” Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their buy rating on shares of Breedon Group (LON:BREE) in a research report report published on Friday morning, Marketbeat.com reports. They currently have a GBX 520 ($6.53) target price on the stock.

Separately, Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 575 ($7.22) target price on shares of Breedon Group in a research note on Friday.

Breedon Group Stock Performance

LON BREE opened at GBX 463 ($5.82) on Friday. The firm’s fifty day moving average price is GBX 434.28 and its two-hundred day moving average price is GBX 412.44. The stock has a market cap of £1.59 billion, a PE ratio of 1,653.57, a PEG ratio of 1.56 and a beta of 1.29. Breedon Group has a fifty-two week low of GBX 328 ($4.12) and a fifty-two week high of GBX 473.50 ($5.95). The company has a debt-to-equity ratio of 44.85, a quick ratio of 1.12 and a current ratio of 1.44.

Insider Buying and Selling

In other news, insider Clive Watson bought 261 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The shares were acquired at an average price of GBX 457 ($5.74) per share, for a total transaction of £1,192.77 ($1,498.08). 23.90% of the stock is currently owned by 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.