Breedon Group (BREE)

Sector:

Construction and Building Materials

Index:

FTSE 250

364.50p
   
  • Change Today:
      6.00p
  • 52 Week High: 396.50
  • 52 Week Low: 304.50
  • Currency: UK Pounds
  • Shares Issued: 343.01m
  • Volume: 923,284
  • Market Cap: £1,250.26m

Barclays upgrades Breedon Group to 'overweight'

By Michele Maatouk

Date: Friday 23 Feb 2024

LONDON (ShareCast) - (Sharecast News) - Barclays upgraded construction materials company Breedon Group on Friday to 'overweight' from 'equalweight' and hiked the price target to 450p from 380p.
The bank said it expects 2024 to represent a trough year for volumes and sees scope for margin upside supported by both a residential-led volume recovery from the second half and improved price/cost.

"With the balance sheet providing optionality and the stock on close to a trough price-to-earnings multiple, we see this as a valuation opportunity and upgrade to OW," it said.

At 0835 GMT, the shares were up 0.4% at 370p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Breedon Group Market Data

Currency UK Pounds
Share Price 364.50p
Change Today 6.00p
% Change 1.67 %
52 Week High 396.50
52 Week Low 304.50
Volume 923,284
Shares Issued 343.01m
Market Cap £1,250.26m

Breedon Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
12.87% below the market average12.87% below the market average12.87% below the market average12.87% below the market average12.87% below the market average
17.07% below the sector average17.07% below the sector average17.07% below the sector average17.07% below the sector average17.07% below the sector average
Price Trend
45.81% above the market average45.81% above the market average45.81% above the market average45.81% above the market average45.81% above the market average
2.44% above the sector average2.44% above the sector average2.44% above the sector average2.44% above the sector average2.44% above the sector average
Income
37.42% above the market average37.42% above the market average37.42% above the market average37.42% above the market average37.42% above the market average
11.76% below the sector average11.76% below the sector average11.76% below the sector average11.76% below the sector average11.76% below the sector average
Growth
91.35% above the market average91.35% above the market average91.35% above the market average91.35% above the market average91.35% above the market average
85.37% above the sector average85.37% above the sector average85.37% above the sector average85.37% above the sector average85.37% above the sector average

Breedon Group Dividends

  Latest Previous
  Final Interim
Ex-Div 04-Apr-24 12-Oct-23
Paid 17-May-24 10-Nov-23
Amount 9.50p 4.00p

Trades for 26-Apr-2024

Time Volume / Share Price
16:35 433,144 @ 364.50p
16:35 346 @ 364.50p
16:35 1,372 @ 364.50p
16:35 662 @ 364.50p
16:35 3,883 @ 364.50p

Breedon Group Key Personnel

CEO Rob Wood
CFO James Brotherton

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