Ibstock plc (LON:IBST - Get Free Report)'s stock price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 135.20 ($1.83) and last traded at GBX 139.40 ($1.88), with a volume of 156845 shares trading hands. The stock had previously closed at GBX 138.40 ($1.87).
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft dropped their target price on Ibstock from GBX 220 to GBX 210 and set a "buy" rating on the stock in a research report on Thursday, August 7th. Berenberg Bank restated a "hold" rating and set a GBX 200 target price on shares of Ibstock in a research report on Monday, August 11th. Finally, Jefferies Financial Group dropped their target price on Ibstock from GBX 190 to GBX 188 and set a "buy" rating on the stock in a research report on Friday, August 8th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Ibstock has an average rating of "Moderate Buy" and an average price target of GBX 199.33.
View Our Latest Analysis on Ibstock
Ibstock Trading Down 0.1%
The company has a 50 day simple moving average of GBX 147.93 and a 200 day simple moving average of GBX 165.65. The company has a debt-to-equity ratio of 46.91, a quick ratio of 1.19 and a current ratio of 1.37. The company has a market capitalization of £544.52 million, a PE ratio of 74.82, a price-to-earnings-growth ratio of 0.47 and a beta of 1.34.
Ibstock (LON:IBST - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The company reported GBX 3 EPS for the quarter. Ibstock had a return on equity of 1.83% and a net margin of 2.01%. Analysts anticipate that Ibstock plc will post 11.0089552 earnings per share for the current year.
Insider Activity
In related news, insider Richard Akers purchased 100,000 shares of the company's stock in a transaction dated Thursday, June 19th. The stock was acquired at an average cost of GBX 155 per share, for a total transaction of £155,000. 0.35% of the stock is owned by company insiders.
About Ibstock
(
Get Free Report)
Ibstock plc manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom. The company offers bricks and masonry, which includes facing and engineering bricks, brick slips, special shaped bricks, walling stone, architectural masonry, prefabricated components, eco-habitats, and padstones and lintels, as well as façade systems; roofing products comprising roof tiles and accessories, and chimneys; and flooring and lintels, such as beam and block flooring, insulated flooring, hollowcore, and screed rails.
See Also
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