Ibstock plc (LON:IBST - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 198 ($2.59) and last traded at GBX 193.20 ($2.52), with a volume of 36686 shares traded. The stock had previously closed at GBX 195.80 ($2.56).
Analyst Ratings Changes
Several brokerages have issued reports on IBST. Royal Bank of Canada restated an "outperform" rating and issued a GBX 200 ($2.61) price target on shares of Ibstock in a report on Thursday, July 4th. Jefferies Financial Group increased their price objective on Ibstock from GBX 143 ($1.87) to GBX 150 ($1.96) and gave the stock a "hold" rating in a report on Thursday, June 27th.
Get Our Latest Analysis on Ibstock
Ibstock Stock Up 0.3 %
The firm has a 50-day moving average of GBX 183.36 and a 200 day moving average of GBX 169.95. The company has a debt-to-equity ratio of 46.91, a current ratio of 1.37 and a quick ratio of 1.19. The stock has a market capitalization of £773.36 million, a price-to-earnings ratio of 9,680.00, a PEG ratio of 0.47 and a beta of 1.34.
Ibstock Cuts Dividend
The business also recently declared a dividend, which was paid on Friday, September 13th. Investors of record on Thursday, August 22nd were given a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date of this dividend was Thursday, August 22nd. This represents a yield of 0.87%. Ibstock's dividend payout ratio (DPR) is presently 25,000.00%.
About Ibstock
(
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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.
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