Deutsche Bank Aktiengesellschaft Reiterates “Buy” Rating for Breedon Group (LON:BREE)

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of Breedon Group (LON:BREE) in a research report released on Friday, MarketBeat reports. The brokerage currently has a GBX 520 ($6.52) price objective on the stock.

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

Breedon Group Stock Up 3.2 %

Shares of LON:BREE opened at GBX 466.50 ($5.85) on Friday. Breedon Group has a 52-week low of GBX 328 ($4.11) and a 52-week high of GBX 470.50 ($5.90). The company has a market capitalization of £1.60 billion, a PE ratio of 1,673.21, a price-to-earnings-growth ratio of 1.56 and a beta of 1.29. The company has a debt-to-equity ratio of 44.85, a quick ratio of 1.12 and a current ratio of 1.44. The company has a fifty day moving average of GBX 432.26 and a 200-day moving average of GBX 411.17.

Insider Buying and Selling at Breedon Group

In related news, insider Clive Watson purchased 261 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was bought at an average price of GBX 457 ($5.73) per share, with a total value of £1,192.77 ($1,495.26). 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.