Breedon Group PLC (LON:BREE) Insider Purchased £56,000 in Shares

Breedon Group PLC (LON:BREE) Insider Purchased £56,000 in Shares

Breedon Group PLC (LON:BREE) insider Amit Bhatia bought 100,000 shares of the business’s stock in a transaction dated Thursday, December 13th. The shares were acquired at an average cost of GBX 56 ($0.73) per share, with a total value of £56,000 ($73,173.92).

Shares of LON BREE traded up GBX 0.70 ($0.01) during midday trading on Friday, reaching GBX 63.50 ($0.83). 239,508 shares of the company’s stock were exchanged, compared to its average volume of 1,180,000. Breedon Group PLC has a 52-week low of GBX 74 ($0.97) and a 52-week high of GBX 92.50 ($1.21).

A number of equities research analysts recently weighed in on BREE shares. Shore Capital restated a “buy” rating on shares of Breedon Group in a report on Wednesday, November 21st. Peel Hunt lowered their price target on Breedon Group from GBX 93 ($1.22) to GBX 84 ($1.10) and set an “add” rating on the stock in a report on Wednesday, November 21st.

Breedon Group Company Profile

Breedon Group plc, formerly Breedon Aggregates Limited, is an independent construction materials company. The Company’s operations include a cement plant, two cementitious import terminals, approximately 60 quarries, over 30 asphalt plants, over 200 ready-mixed concrete plants and three concrete products plants.

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