Breedon Group PLC 15.6% potential upside indicated by Barclays

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Breedon Group PLC with ticker (LON:BREE) now has a potential upside of 15.6% according to Barclays.



Barclays set a target price of 115 GBX for the company, which when compared to the Breedon Group PLC share price of 97 GBX at opening today (02/12/2021) indicates a potential upside of 15.6%. Trading has ranged between 80 (52 week low) and 114 (52 week high) with an average of 2,646,573 shares exchanging hands daily. The market capitalisation at the time of writing is £1,650,570,127.

Breedon Group plc is an independent construction materials company in Great Britain and Ireland. The Company operates two cement plants and a network of quarries, asphalt plants and ready-mixed concrete plants, together with slate production, concrete and clay products manufacturing, contract surfacing and highway maintenance operations. The Company operates in three segments: Great Britain (GB), Ireland and Cement. Its operations in GB and Ireland are fully-integrated aggregates and downstream products businesses. The Company’s Cement business is a producer of bulk and bagged cement in GB and the Republic of Ireland.



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    Breedon Group plc (LON:BREE) has acquired BMC Enterprises Inc. for US$300m, expanding its presence in the US construction materials market with strong growth potential.

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