Ibstock's (IBST) Hold Rating Reiterated at Berenberg Bank

Ibstock (LON:IBST - Get Free Report)'s stock had its "hold" rating reiterated by investment analysts at Berenberg Bank in a report issued on Thursday, MarketBeat Ratings reports. They currently have a GBX 150 ($1.85) target price on the stock. Berenberg Bank's price objective points to a potential upside of 1.63% from the stock's current price.

Ibstock Trading Up 0.4 %

IBST stock traded up GBX 0.60 ($0.01) during midday trading on Thursday, hitting GBX 147.60 ($1.82). 485,045 shares of the company's stock were exchanged, compared to its average volume of 799,230. The stock's fifty day moving average price is GBX 152.82 and its 200-day moving average price is GBX 144.85. The company has a debt-to-equity ratio of 42.09, a quick ratio of 1.19 and a current ratio of 1.50. The company has a market cap of £579.09 million, a PE ratio of 2,996.00, a price-to-earnings-growth ratio of 0.66 and a beta of 1.35. Ibstock has a one year low of GBX 118 ($1.46) and a one year high of GBX 178.50 ($2.20).

Ibstock Company Profile

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.