Ibstock (LON:IBST) Given “Hold” Rating at Jefferies Financial Group

Ibstock (LON:IBST)‘s stock had its “hold” rating restated by equities research analysts at Jefferies Financial Group in a research report issued on Tuesday, Digital Look reports. They presently have a GBX 90 price target on the stock. Jefferies Financial Group‘s price target would indicate a potential upside of 23.71% from the company’s current price.

Several other equities analysts have also recently weighed in on IBST. Berenberg Bank lowered their price objective on shares of Ibstock from GBX 90 to GBX 75 and set a “hold” rating on the stock in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 100 price objective on shares of Ibstock in a report on Thursday, August 6th. Peel Hunt restated a “buy” rating and set a GBX 125 target price on shares of Ibstock in a research report on Wednesday, August 5th. Finally, Royal Bank Of Canada cut their target price on shares of Ibstock from GBX 160 to GBX 130 and set an “outperform” rating for the company in a research report on Thursday, July 30th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of GBX 104.

Ibstock Stock Up 0.3%

IBST stock opened at GBX 72.75 on Tuesday. Ibstock has a fifty-two week low of GBX 68.80 and a fifty-two week high of GBX 143.80. The business’s 50-day moving average is GBX 80.64 and its two-hundred day moving average is GBX 99.51. The company has a debt-to-equity ratio of 54.38, a quick ratio of 1.19 and a current ratio of 1.28. The company has a market cap of £287.37 million, a price-to-earnings ratio of -12.76, a P/E/G ratio of 0.47 and a beta of 0.84.

Ibstock (LON:IBST) last announced its earnings results on Wednesday, August 5th. The company reported GBX 0.70 earnings per share (EPS) for the quarter. Ibstock had a negative return on equity of 6.19% and a negative net margin of 6.67%. As a group, analysts forecast that Ibstock will post 11.01 earnings per share for the current year.

Trending Headlines about Ibstock

Here are the key news stories impacting Ibstock this week:

• Negative Sentiment: Second profit warning: Ibstock cut its FY2026 adjusted EBITDA and earnings outlook as third-quarter trading deteriorated. The company cited weak market conditions and substantially lower brick demand, with builders reducing orders. Ibstock slashes profit guidance as brick market downturn deepens
• Negative Sentiment: Sales slump tied to housebuilding weakness: Reports described a significant decline in brick sales as the UK housebuilding downturn deepened. The deterioration suggests that demand may remain weak for longer, limiting Ibstock’s near-term revenue and profit recovery. UK’s largest brickmaker hit by sales slump as housebuilding downturn deepens
• Negative Sentiment: Investor reaction was severe: Multiple reports said Ibstock shares fell about 8% to more than 10% after the outlook cut, reflecting concerns that full-year profit could be roughly a quarter lower than previously expected. Ibstock tumbles 8% on weak brick demand
• Negative Sentiment: Analyst target cuts add pressure: Berenberg lowered its price target from GBX 90 to GBX 75 and moved to a “hold” rating. The reduction indicates less confidence in Ibstock’s earnings prospects and limits near-term upside expectations. Berenberg Bank Ibstock price target and rating

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.