Ibstock plc (LON:IBST - Get Free Report) insider Richard Akers purchased 100,000 shares of the company's stock in a transaction on Thursday, June 19th. The stock was acquired at an average price of GBX 155 ($2.09) per share, for a total transaction of £155,000 ($208,726.10).
Ibstock Stock Up 0.9%
Shares of IBST traded up GBX 1.34 ($0.02) during mid-day trading on Friday, hitting GBX 152.34 ($2.05). 14,289,685 shares of the company's stock were exchanged, compared to its average volume of 2,331,674. Ibstock plc has a twelve month low of GBX 150 ($2.02) and a twelve month high of GBX 212 ($2.85). The firm has a fifty day moving average of GBX 181.67 and a two-hundred day moving average of GBX 174.59. The company has a quick ratio of 1.19, a current ratio of 1.37 and a debt-to-equity ratio of 46.91. The stock has a market cap of £600.25 million, a price-to-earnings ratio of 82.48, a P/E/G ratio of 0.47 and a beta of 1.34.
Wall Street Analysts Forecast Growth
IBST has been the topic of several research reports. Deutsche Bank Aktiengesellschaft upped their price target on Ibstock from GBX 225 ($3.03) to GBX 240 ($3.23) and gave the company a "buy" rating in a report on Thursday, February 20th. Berenberg Bank restated a "hold" rating and set a GBX 200 ($2.69) price target on shares of Ibstock in a report on Monday.
Get Our Latest Stock Analysis on IBST
About Ibstock
(
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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.
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