Breedon Group (LON:BREE) Announces Earnings Results

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

Breedon Group Stock Up 0.3 %

BREE traded up GBX 1.50 ($0.02) on Friday, hitting GBX 479.50 ($6.18). The company had a trading volume of 836,356 shares, compared to its average volume of 1,705,132. The stock has a fifty day moving average price of GBX 435.67 and a 200-day moving average price of GBX 434.79. Breedon Group has a 12-month low of GBX 356 ($4.59) and a 12-month high of GBX 501 ($6.46). The company has a debt-to-equity ratio of 44.86, a quick ratio of 1.12 and a current ratio of 1.44. The stock has a market capitalization of £1.65 billion, a price-to-earnings ratio of 17.17, a P/E/G ratio of 1.56 and a beta of 1.29.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Berenberg Bank raised their price target on Breedon Group from GBX 540 ($6.96) to GBX 590 ($7.60) and gave the company a “buy” rating in a research note on Thursday. Royal Bank of Canada restated an “outperform” rating and set a GBX 575 ($7.41) price target on shares of Breedon Group in a research note on Friday, November 22nd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 520 ($6.70) price target on shares of Breedon Group in a research note on Friday, November 22nd.

Breedon Group Company Profile

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.