A statement released earlier today by Peel Hunt about Ibstock Plc (LON:IBST) bumps the target price to 175.00GBX
- Updated: October 18, 2016
Boasting a price of 165.40GBX, Ibstock Plc (LON:IBST) traded 3.50% higher on the day. With the last stock price close down -5.41% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Ibstock Plc has recorded a 50-day average of 166.48GBX and a two hundred day average of 174.86GBX. Volume of trade was down over the average, with 549,882 shares of IBST changing hands under the typical 1,187,780
Peel Hunt bumped up the target of Ibstock Plc (LON:IBST) to 175.00GBX stating a potential upside of 0.06%.
On 9/23/2016, Barclays Capital released a statement for Ibstock Plc (LON:IBST) maintained the target price at 185.00GBX that suggested an upside of 0.11%.
With a total market value of 0 GBX, Ibstock Plc has price-earnings ratio of 13.45 with a one year low of 113.20GBX and a one year high of 227.20GBX .
A total of 6 equity analysts have released a research note on IBST. One equity analyst rating the company a strong buy, five equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 230.33GBX.
More About Ibstock Plc (LON:IBST)
Ibstock plc is a United Kingdom-based company, which is engaged in manufacturing of clay bricks and concrete products. The Company's segments are the UK and the US. The Company's principal products include clay bricks, brick components, concrete stone masonry substitutes, concrete fencing, pre-stressed concrete products and concrete rail products. Its range of products are manufactured, marketed and distributed by Ibstock Brick, which manufactures a range of clay bricks sold in the United Kingdom; Supreme Concrete, which manufactures concrete fencing products and concrete lintels with approximately seven manufacturing plants in the United Kingdom; Forticrete, which manufactures concrete substitutes for natural stone walling and dressings and concrete roof tiles, with approximately seven manufacturing plants in the United Kingdom, and Glen-Gery, which manufactures bricks in the North East and Mid-West regions of the United States.
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