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Barclays upgrades Breedon Group to 'overweight'

By Michele Maatouk

Date: Friday 23 Feb 2024

(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...

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