Ibstock (LON:IBST) PT Raised to GBX 150 at Jefferies Financial Group

Ibstock (LON:IBST) had its price target hoisted by Jefferies Financial Group from GBX 143 ($1.81) to GBX 150 ($1.90) in a research note published on Thursday, Marketbeat reports. They currently have a hold rating on the stock.

Separately, Berenberg Bank reissued a hold rating and issued a GBX 150 ($1.90) target price on shares of Ibstock in a research report on Thursday, April 25th.

Ibstock Stock Up 0.1 %

IBST stock opened at GBX 155 ($1.97) on Thursday. The company has a current ratio of 1.50, a quick ratio of 1.19 and a debt-to-equity ratio of 42.09. The firm has a 50 day simple moving average of GBX 156.46 and a 200-day simple moving average of GBX 153.17. The company has a market capitalization of £608.13 million, a P/E ratio of 3,100.00, a PEG ratio of 0.66 and a beta of 1.32. Ibstock has a twelve month low of GBX 118 ($1.50) and a twelve month high of GBX 174.40 ($2.21).

Insider Activity

In related news, insider Chris McLeish sold 29,893 shares of the firm’s stock in a transaction on Monday, June 10th. The stock was sold at an average price of GBX 156 ($1.98), for a total transaction of £46,633.08 ($59,156.51). Company insiders own 0.31% of the company’s stock.

About Ibstock

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.