Breedon Group PLC with ticker (LON:BREE) now has a potential upside of 7.2% according to Barclays.
Barclays set a target price of 78 GBX for the company, which when compared to the Breedon Group PLC share price of 72 GBX at opening today (18/05/2022) indicates a potential upside of 7.2%. Trading has ranged between 1 (52 week low) and 73 (52 week high) with an average of 3,394,209 shares exchanging hands daily. The market capitalisation at the time of writing is £1,234,749,740.
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.
Breedon Group PLC 7.2% potential upside indicated by Barclays
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- Written by: Charlotte Edwards
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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.