Breedon Group’s (BREE) Outperform Rating Reiterated at Royal Bank of Canada

Royal Bank of Canada reaffirmed their outperform rating on shares of Breedon Group (LON:BREE) in a report published on Friday morning, MarketBeat reports. The firm currently has a GBX 575 ($7.24) price objective on the stock.

Breedon Group Trading Up 3.2 %

Shares of Breedon Group stock opened at GBX 466.50 ($5.87) 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 company has a fifty day moving average of GBX 433.35 and a 200 day 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. Breedon Group has a fifty-two week low of GBX 328 ($4.13) and a fifty-two week high of GBX 470.50 ($5.92).

Insider Activity at Breedon Group

In other Breedon Group news, insider Clive Watson bought 261 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were purchased at an average cost of GBX 457 ($5.75) per share, for a total transaction of £1,192.77 ($1,502.04). 23.90% of the stock is owned by corporate insiders.

About Breedon Group

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.