Ibstock (IBST) PT Raised to GBX 288 at Numis Securities

Ibstock (LON:IBST) had its target price upped by Numis Securities from GBX 270 ($3.79) to GBX 288 ($4.04) in a report published on Tuesday. They currently have an add rating on the stock.

IBST has been the topic of several other research reports. JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 300 ($4.21) price target on shares of Ibstock in a research note on Friday, January 19th. Deutsche Bank reaffirmed a buy rating and set a GBX 292 ($4.09) price target on shares of Ibstock in a research note on Monday, January 8th. Barclays reaffirmed an equal weight rating on shares of Ibstock in a research note on Friday, January 19th. Finally, Peel Hunt downgraded shares of Ibstock to a hold rating and set a GBX 285 ($4.00) price target on the stock. in a research note on Thursday, January 18th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of Buy and an average price target of GBX 281.67 ($3.95).

Shares of Ibstock (IBST) opened at GBX 243.20 ($3.41) on Tuesday. Ibstock has a one year low of GBX 186.90 ($2.62) and a one year high of GBX 273.40 ($3.83). The stock has a market cap of $992.48 and a price-to-earnings ratio of 1,105.45.

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About Ibstock

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.

Analyst Recommendations for Ibstock (LON:IBST)

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