Breedon Group (LON:BREE) Insider Amit Bhatia Sells 200,000 Shares

by · The Cerbat Gem

Breedon Group plc (LON:BREE – Get Free Report) insider Amit Bhatia sold 200,000 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of GBX 393, for a total transaction of £786,000.

Amit Bhatia also recently made the following trade(s):

  • On Tuesday, November 25th, Amit Bhatia acquired 200,000 shares of Breedon Group stock. The shares were acquired at an average cost of GBX 370 per share, with a total value of £740,000.

Breedon Group Stock Performance

BREE traded down GBX 4.60 during midday trading on Tuesday, reaching GBX 323.20. The company’s stock had a trading volume of 820,199 shares, compared to its average volume of 2,075,859. Breedon Group plc has a twelve month low of GBX 300 and a twelve month high of GBX 501. The stock has a market cap of £1.12 billion, a P/E ratio of 12.43, a PEG ratio of 1.56 and a beta of 1.29. The company has a fifty day simple moving average of GBX 337.98 and a 200 day simple moving average of GBX 373.96. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 44.86.

Analysts Set New Price Targets

BREE has been the topic of a number of recent research reports. Peel Hunt reissued a “buy” rating and set a GBX 500 target price on shares of Breedon Group in a research report on Thursday, November 20th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 540 target price on shares of Breedon Group in a research report on Monday, September 8th. Citigroup lowered their price target on shares of Breedon Group from GBX 360 to GBX 340 and set a “neutral” rating on the stock in a report on Thursday, November 27th. Finally, Royal Bank Of Canada decreased their target price on shares of Breedon Group from GBX 575 to GBX 525 and set an “outperform” rating on the stock in a research report on Friday, November 7th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 476.25.

View Our Latest Research Report on BREE

Breedon Group Company Profile

(Get Free Report)

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 1.5bn 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.

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