Breedon Group (LON:BREE) Receives Buy Rating from Deutsche Bank Aktiengesellschaft

Breedon Group (LON:BREE)‘s stock had its “buy” rating restated by equities researchers at Deutsche Bank Aktiengesellschaft in a research note issued on Friday, Marketbeat reports. They currently have a GBX 520 ($6.52) target price on the stock. Deutsche Bank Aktiengesellschaft’s target price suggests a potential upside of 11.47% from the stock’s previous close.

Separately, Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 575 ($7.21) price target on shares of Breedon Group in a report on Friday.

Breedon Group Stock Up 3.2 %

Shares of LON BREE opened at GBX 466.50 ($5.85) on Friday. The company has a debt-to-equity ratio of 44.85, a quick ratio of 1.12 and a current ratio of 1.44. The firm has a market capitalization of £1.60 billion, a price-to-earnings ratio of 1,666.07, a PEG ratio of 1.56 and a beta of 1.29. The stock has a 50 day moving average price of GBX 433.35 and a 200 day moving average price of GBX 411.82. Breedon Group has a 52-week low of GBX 328 ($4.11) and a 52-week high of GBX 470.50 ($5.90).

Insider Buying and Selling

In other Breedon Group news, insider Clive Watson purchased 261 shares of Breedon Group stock in a transaction dated Tuesday, November 12th. The shares were acquired at an average cost of GBX 457 ($5.73) per share, with a total value of £1,192.77 ($1,495.26). 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.