Deutsche Bank Aktiengesellschaft Reaffirms Buy Rating for Breedon Group (LON:BREE)

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

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

Breedon Group Price Performance

BREE opened at GBX 466.50 ($5.85) on Friday. The stock has a market capitalization of £1.60 billion, a P/E ratio of 1,666.07, a PEG ratio of 1.56 and a beta of 1.29. Breedon Group has a 12-month low of GBX 328 ($4.11) and a 12-month high of GBX 470.50 ($5.90). The stock has a 50-day moving average price of GBX 433.35 and a 200-day moving average price of GBX 411.82. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 44.85.

Insider Buying and Selling at Breedon Group

In related news, insider Clive Watson bought 261 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were bought at an average cost of GBX 457 ($5.73) per share, for a total transaction of £1,192.77 ($1,495.26). Company insiders own 23.90% of the company’s stock.

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.