Breedon Group PLC 23.0% potential upside indicated by Berenberg Bank

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Breedon Group PLC with ticker (LON:BREE) now has a potential upside of 23.0% according to Berenberg Bank.



Berenberg Bank set a target price of 460 GBX for the company, which when compared to the Breedon Group PLC share price of 374 GBX at opening today (22/03/2024) indicates a potential upside of 23.0%. Trading has ranged between 64 (52 week low) and 408 (52 week high) with an average of 1,564,490 shares exchanging hands daily. The market capitalisation at the time of writing is £1,269,120,350.

Breedon Group PLC is a United Kingdom-based vertically integrated construction materials company. The Company supplies the construction industry with the essential materials for construction. It produces aggregates, cement, asphalt, ready-mixed concrete and specialist building products, and delivers surfacing solutions. Its products include Aggregates, which include Crushed rock, High PSV Stone, Sand & gravel, Recycled Aggregates, White Limestone, Agricultural Lime, Brendon Quietex, and Welsh Slate; Special Aggregates, which include Breedon Golden Amber Gravel and Decorative Aggregates: Asphalt: Block paving: Cement; Clay bricks and Clay products; Concrete products; Ready- mixed concrete; Trowel-ready mortar: Roof tiles; Screed; and ENATS 97-1. Backfill. Its services include Breedon Mobile Concrete Solutions (BMCS) and Breedon Surfacing Solutions. BMCS is a dedicated provider of on-site mobile concrete batching. Breedon Surfacing Solutions is a surfacing contractor.



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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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