Breedon Group (BREE) Insider Peter W. G. Tom Purchases 250,000 Shares

Breedon Group (LON:BREE) insider Peter W. G. Tom bought 250,000 shares of the firm’s stock in a transaction that occurred on Friday, May 4th. The shares were purchased at an average cost of GBX 81 ($1.10) per share, with a total value of £202,500 ($274,688.01).

Shares of BREE stock opened at GBX 81.90 ($1.11) on Wednesday. Breedon Group has a fifty-two week low of GBX 74 ($1.00) and a fifty-two week high of GBX 92.50 ($1.25).

Several research analysts recently weighed in on the company. Peel Hunt reaffirmed an “add” rating and set a GBX 92 ($1.25) target price on shares of Breedon Group in a research note on Tuesday, April 17th. Shore Capital reaffirmed a “buy” rating on shares of Breedon Group in a research note on Wednesday, March 7th. Numis Securities reaffirmed a “buy” rating and set a GBX 96 ($1.30) target price on shares of Breedon Group in a research note on Wednesday, April 18th. Finally, Berenberg Bank raised their target price on Breedon Group from GBX 90 ($1.22) to GBX 100 ($1.36) and gave the company a “buy” rating in a research note on Wednesday, April 18th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Breedon Group currently has an average rating of “Buy” and a consensus target price of GBX 93.55 ($1.27).

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.

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