Breedon Group (LON:BREE) was downgraded by investment analysts at Peel Hunt to an “add” rating in a research note issued on Wednesday. They presently have a GBX 92 ($1.24) price objective on the stock, up from their prior price objective of GBX 90 ($1.21). Peel Hunt’s price target points to a potential upside of 8.88% from the company’s previous close.
Other research analysts also recently issued reports about the company. Jefferies Group lifted their target price on Breedon Group from GBX 99 ($1.33) to GBX 102 ($1.37) and gave the stock a “buy” rating in a report on Tuesday, September 19th. Numis Securities reaffirmed an “add” rating and set a GBX 96 ($1.29) target price on shares of Breedon Group in a report on Thursday, November 2nd. Shore Capital reaffirmed a “buy” rating on shares of Breedon Group in a report on Friday, September 22nd. Finally, Barclays began coverage on Breedon Group in a report on Monday, November 27th. They set an “overweight” rating and a GBX 93 ($1.25) target price on the stock. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of GBX 93.60 ($1.26).
Breedon Group (LON:BREE) opened at GBX 84.50 ($1.14) on Wednesday. Breedon Group has a twelve month low of GBX 71 ($0.96) and a twelve month high of GBX 92.50 ($1.24).
COPYRIGHT VIOLATION WARNING: This news story was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of US and international trademark and copyright law. The legal version of this news story can be accessed at https://www.dispatchtribunal.com/2017/12/08/breedon-group-bree-rating-lowered-to-add-at-peel-hunt.html.
Breedon Group Company Profile
Breedon Group plc, formerly Breedon Aggregates Limited, is an independent construction materials company. The Company’s operations include a cement plant, two cementitious import terminals, approximately 60 quarries, over 30 asphalt plants, over 200 ready-mixed concrete plants and three concrete products plants.
Receive News & Ratings for Breedon Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Breedon Group plc and related companies with MarketBeat.com's FREE daily email newsletter.