Breedon Group PLC 22.3% Potential Upside Indicated by Berenberg

Broker Ratings
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Breedon Group PLC with EPIC/TICKER (LON:BREE) 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 a target price of 103 GBX on its stock. This would imply the analyst believes there is now a potential upside of 22.3% from the opening price of 84.2 GBX. Over the last 30 and 90 trading days the company share price has increased 2.2 points and increased 1.7 points respectively. The 52 week high for the share price is currently at 101.5 GBX while the 52 week low for the stock is 56 GBX.

Breedon Group PLC has a 50 day moving average of 78.74 GBX and a 200 day moving average of 77.54. There are currently 1,684,873,371 shares in issue with the average daily volume traded being 5,820,707. Market capitalisation for LON:BREE is £1,381,764,687 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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