Breedon Group’s (BREE) “Buy” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of Breedon Group (LON:BREE) in a research report released on Friday, MarketBeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a GBX 520 ($6.55) price target on the stock.

Separately, Royal Bank of Canada reissued an “outperform” rating and set a GBX 575 ($7.24) price objective on shares of Breedon Group in a report on Friday.

Breedon Group Price Performance

BREE opened at GBX 466.50 ($5.87) on Friday. The firm has a market cap 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. The stock has a 50-day moving average price of GBX 433.35 and a 200-day moving average price of GBX 411.82. Breedon Group has a 1 year low of GBX 328 ($4.13) and a 1 year high of GBX 470.50 ($5.92). The company has a debt-to-equity ratio of 44.85, a current ratio of 1.44 and a quick ratio of 1.12.

Insiders Place Their Bets

In related news, insider Clive Watson bought 261 shares of the business’s stock in a transaction dated Tuesday, November 12th. The shares were purchased at an average price of GBX 457 ($5.75) per share, with a total value of £1,192.77 ($1,502.04). Corporate 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.