A statement released earlier today by Peel Hunt about Ibstock Plc (LON:IBST) holds the target price at 190.00GBX
- Updated: February 12, 2017
Yesterday Ibstock Plc (LON:IBST) traded -0.32% lower at 0.00GBX. The company’s 50-day moving average is 185.17GBX and its 200-day moving average is 173.71GBX. The last stock close price is down 9.15% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. 1,562,140 shares of the stock were exchanged, up from an average trading volume of 513,664
Ibstock Plc (LON:IBST) had its target price hold steady to 190.00GBX by Peel Hunt in a report released 2/09/2017. The new target price indicates steady performance relative to the company's last stock close price.
Previously on 2/07/2017, Barclays Capital reported about Ibstock Plc (LON:IBST) held steady the target price at 200.00GBX. At the time, this indicated a possible upside of 0.03%.
See Chart Below
Ibstock Plc has a 52 week low of 113.20GBX and a 52 week high of 227.10GBX with a P/E ratio of 15.41 The company’s market cap is currently 0 GBX.
In addition to Peel Hunt reporting its target price, a total of 6 firms have issued a report on the stock. The consensus target price is 230.33GBX with 1 firm rating the stock a strong buy, 5 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
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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