Royal Bank of Canada Reaffirms Outperform Rating for Breedon Group (LON:BREE)

Breedon Group (LON:BREE)‘s stock had its “outperform” rating restated by stock analysts at Royal Bank of Canada in a report issued on Friday, MarketBeat reports. They currently have a GBX 575 ($7.21) target price on the stock. Royal Bank of Canada’s price objective indicates a potential upside of 23.26% from the company’s previous close.

Breedon Group Trading Up 3.2 %

Shares of Breedon Group stock opened at GBX 466.50 ($5.85) on Friday. The firm has a market capitalization of £1.60 billion, a PE ratio of 1,666.07, a P/E/G ratio of 1.56 and a beta of 1.29. Breedon Group has a twelve month low of GBX 328 ($4.11) and a twelve month high of GBX 470.50 ($5.90). The firm’s 50-day moving average price is GBX 433.35 and its 200 day moving average price is 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 Activity at Breedon Group

In other Breedon Group news, insider Clive Watson acquired 261 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was bought at an average price of GBX 457 ($5.73) per share, for a total transaction of £1,192.77 ($1,495.26). 23.90% of the stock is currently 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.