Breedon Group plc (LON:BREE) Insider Clive Watson Buys 621 Shares

Breedon Group plc (LON:BREE) insider Clive Watson bought 621 shares of the company’s stock in a transaction on Friday, June 13th. The stock was bought at an average cost of GBX 431 ($5.85) per share, for a total transaction of £2,676.51 ($3,632.12).

Clive Watson also recently made the following trade(s):

• On Friday, May 2nd, Clive Watson bought 3,223 shares of Breedon Group stock. The stock was purchased at an average price of GBX 450 ($6.11) per share, for a total transaction of £14,503.50 ($19,681.78).

Breedon Group Price Performance

Shares of Breedon Group stock opened at GBX 436.03 ($5.92) on Tuesday. Breedon Group plc has a one year low of GBX 372 ($5.05) and a one year high of GBX 501 ($6.80). The stock’s fifty day moving average is GBX 447.31 and its 200 day moving average is GBX 446.96. The stock has a market cap of £1.50 billion, a P/E ratio of 15.61, a P/E/G ratio of 1.56 and a beta of 1.29. The company has a debt-to-equity ratio of 44.86, a quick ratio of 1.12 and a current ratio of 1.44.

Analyst Upgrades and Downgrades

Several research firms have issued reports on BREE. Berenberg Bank upped their target price on shares of Breedon Group from GBX 540 ($7.33) to GBX 590 ($8.01) and gave the company a “buy” rating in a research note on Thursday, March 6th. Royal Bank of Canada lowered their price objective on shares of Breedon Group from GBX 650 ($8.82) to GBX 625 ($8.48) and set an “outperform” rating on the stock in a research note on Tuesday, April 15th.

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 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.