Deutsche Bank Aktiengesellschaft Raises Ibstock (LON:IBST) Price Target to GBX 240

Ibstock (LON:IBST - Free Report) had its price target raised by Deutsche Bank Aktiengesellschaft from GBX 225 ($2.84) to GBX 240 ($3.03) in a research note published on Thursday morning, Marketbeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

Ibstock Price Performance

Shares of LON IBST traded down GBX 3.40 ($0.04) during midday trading on Thursday, reaching GBX 162.40 ($2.05). 527,569 shares of the company traded hands, compared to its average volume of 1,510,504. The firm has a market cap of £639.88 million, a PE ratio of 87.92, a PEG ratio of 0.47 and a beta of 1.34. The stock's 50-day simple moving average is GBX 169.82 and its 200-day simple moving average is GBX 181.10. Ibstock has a 12 month low of GBX 133 ($1.68) and a 12 month high of GBX 212 ($2.68). The company has a debt-to-equity ratio of 46.91, a quick ratio of 1.19 and a current ratio of 1.37.

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.