Peel Hunt Reaffirms Buy Rating for Ibstock (IBST)

Peel Hunt reaffirmed their buy rating on shares of Ibstock (LON:IBST) in a report released on Thursday morning.

Other research analysts also recently issued reports about the stock. UBS Group dropped their target price on shares of Ibstock from GBX 290 ($3.79) to GBX 270 ($3.53) and set a buy rating on the stock in a research report on Wednesday, January 9th. Numis Securities reissued an add rating and issued a GBX 270 ($3.53) target price on shares of Ibstock in a research report on Monday, November 26th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The stock has an average rating of Buy and a consensus target price of GBX 294.14 ($3.84).

Ibstock stock opened at GBX 239.20 ($3.13) on Thursday. Ibstock has a fifty-two week low of GBX 197.50 ($2.58) and a fifty-two week high of GBX 299.10 ($3.91).

Ibstock Company Profile

Ibstock plc manufactures and sells clay and concrete products in the United Kingdom and the United States. Its principal products include clay bricks, brick components, concrete roof tiles, concrete stone masonry substitutes, concrete fencing, pre-stressed concrete, and concrete rail products. The company also provides concrete lintels; precast and pre-stressed concrete products; and architectural masonry, landmark stone and walling stones.

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Analyst Recommendations for Ibstock (LON:IBST)

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