Breedon Group (LON:BREE) had its target price boosted by Berenberg Bank from GBX 90 ($1.29) to GBX 100 ($1.43) in a research note published on Wednesday morning. They currently have a buy rating on the stock.
A number of other research firms have also recently weighed in on BREE. Shore Capital reaffirmed a buy rating and set a GBX 78.30 ($1.12) price objective on shares of Breedon Group in a research report on Tuesday. Numis Securities raised Breedon Group to a buy rating and set a GBX 96 ($1.37) price objective on the stock in a research report on Wednesday, March 7th. Finally, Peel Hunt reaffirmed an add rating and set a GBX 92 ($1.32) price objective on shares of Breedon Group in a research report on Wednesday, March 7th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has an average rating of Buy and an average price target of GBX 93.55 ($1.34).
BREE stock opened at GBX 85.30 ($1.22) on Wednesday. Breedon Group has a twelve month low of GBX 74 ($1.06) and a twelve month high of GBX 92.50 ($1.32).
About Breedon Group
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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