Breedon Group PLC 18.8% Potential Upside Indicated by Berenberg

Broker Ratings
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Breedon Group PLC using EPIC/TICKER code (LON:BREE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Breedon Group PLC are listed in the Industrials sector within AIM. Berenberg have set their target price at 110 GBX on its stock. This is indicating the analyst believes there is a potential upside of 18.8% from the opening price of 92.6 GBX. Over the last 30 and 90 trading days the company share price has increased 10.2 points and increased 24.7 points respectively. The 1 year high for the stock price is 94 GBX while the 52 week low is 56 GBX.

Breedon Group PLC has a 50 day moving average of 78.24 GBX and the 200 Day Moving Average price is recorded at 69.17. There are currently 1,682,948,150 shares in issue with the average daily volume traded being 10,075,635. Market capitalisation for LON:BREE is £1,548,312,298 GBP.

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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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