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

Breedon Group (LON:BREE)‘s stock had its “outperform” rating reiterated by stock analysts at Royal Bank of Canada in a note issued to investors on Friday,Digital Look reports. They presently have a GBX 575 ($7.24) price target on the stock. Royal Bank of Canada’s price target would indicate a potential upside of 26.10% from the company’s previous close.

Breedon Group Price Performance

Shares of Breedon Group stock opened at GBX 456 ($5.74) on Friday. The stock has a market capitalization of £1.57 billion, a P/E ratio of 1,628.57, a PEG ratio of 1.56 and a beta of 1.29. Breedon Group has a twelve month low of GBX 328 ($4.13) and a twelve month high of GBX 459 ($5.78). The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 44.85. The business’s fifty day moving average price is GBX 431.47 and its 200 day moving average price is GBX 410.59.

Insider Activity at Breedon Group

In other news, insider Clive Watson purchased 261 shares of the company’s stock in a transaction on Tuesday, November 12th. The shares were bought at an average price of GBX 457 ($5.75) per share, for a total transaction of £1,192.77 ($1,501.66). 23.90% of the stock is currently owned by company 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.