Breedon Group (LON:BREE) Announces Earnings Results

Breedon Group (LON:BREE) issued its earnings results on Wednesday. The company reported GBX 14.50 ($0.19) EPS for the quarter, reports. Breedon Group had a return on equity of 8.58% and a net margin of 6.34%.

Breedon Group Price Performance

Shares of Breedon Group stock opened at GBX 478 ($6.16) on Friday. Breedon Group has a 1 year low of GBX 356 ($4.59) and a 1 year high of GBX 501 ($6.46). The company has a market cap of £1.65 billion, a P/E ratio of 17.11, a P/E/G ratio of 1.56 and a beta of 1.29. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 44.86. The stock has a 50-day moving average price of GBX 435.67 and a 200 day moving average price of GBX 434.79.

Wall Street Analyst Weigh In

BREE has been the topic of a number of research reports. Berenberg Bank increased their target price on shares of Breedon Group from GBX 540 ($6.96) to GBX 590 ($7.60) and gave the stock a “buy” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 520 ($6.70) target price on shares of Breedon Group in a research note on Friday, November 22nd. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a GBX 575 ($7.41) price target on shares of Breedon Group in a report on Friday, November 22nd.

About Breedon Group

Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the USA, delivers essential products to the construction sector. Breedon holds 1bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.