Breedon Group PLC 29.6% 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’ today by analysts at Berenberg. Breedon Group PLC are listed in the Industrials sector within AIM. Berenberg have set a target price of 85 GBX on its stock. This now indicates the analyst believes there is a possible upside of 29.6% from the opening price of 65.6 GBX. Over the last 30 and 90 trading days the company share price has increased 6.6 points and decreased 4.29 points respectively. The 52 week high for the share price is currently at 86.6 GBX while the 52 week low for the stock is 55.2 GBX.

Breedon Group PLC has a 50 day moving average of 63.04 GBX and a 200 day moving average of 75.00. There are currently 1,679,204,938 shares in issue with the average daily volume traded being 1,171,070. Market capitalisation for LON:BREE is £1,101,978,240 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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