Ibstock (LON:IBST) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Ibstock (LON:IBST) had its price target lifted by analysts at Deutsche Bank Aktiengesellschaft from GBX 225 ($2.83) to GBX 240 ($3.02) in a research report issued to clients and investors on Thursday, Marketbeat.com reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 45.45% from the stock’s current price.

Ibstock Trading Up 0.9 %

Shares of IBST stock traded up GBX 1.40 ($0.02) on Thursday, hitting GBX 165 ($2.08). The stock had a trading volume of 507,090 shares, compared to its average volume of 1,569,497. The firm has a market cap of £650.12 million, a P/E ratio of 89.33, a PEG ratio of 0.47 and a beta of 1.34. Ibstock has a twelve month low of GBX 133 ($1.67) and a twelve month high of GBX 212 ($2.67). The company has a current ratio of 1.37, a quick ratio of 1.19 and a debt-to-equity ratio of 46.91. The company has a fifty day moving average price of GBX 171.20 and a two-hundred day moving average price of GBX 181.31.

Ibstock Company Profile

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.