Ibstock sees £50m FY profit as demand improves
28th Oct 2020 08:21
(Sharecast News) - Brick maker Ibstock forecast annual core earnings of £50m after reporting better-than-expected third quarter trade as demand continued to improve after the Covid-19 lockdown.
Read moreCanaccord lowers target price on Ibstock
7th Aug 2020 10:03
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on brick maker Ibstock from 213.0p to 186.0p on Friday, stating it was still waiting for operational leverage to the upside.
Read moreIbstock swings to first-half loss on coronavirus lockdowns
6th Aug 2020 08:29
(Sharecast News) - Brickmaker Ibstock swung to a first-half loss as the coronavirus lockdowns halted building activity, but reported a pickup in July after government restrictions were eased.
Read moreTuesday broker round-up
28th Jul 2020 13:53
(Sharecast News) - Renishaw: Morgan Stanley downgrades to equal weight with a target price of 4,500.0p.
Read moreIbstock could cut 15% of workforce as sales volumes slide on Covid shutdowns
3rd Jun 2020 07:57
(Sharecast News) - Ibstock said on Wednesday that sales volumes slid from late March after the coronavirus lockdown was imposed, as it announced that around 15% of its workforce could be axed.
Read moreThursday broker round-up
7th May 2020 13:55
(Sharecast News) - Ibstock: Jefferies downgrades to hold with a target price of 212p.
Read moreFTSE 250 movers: Oil and Gas, and construction stocks move higher
24th Mar 2020 21:45
(Sharecast News) - Commodity and travel related stocks fared best as news of an imminent ramp-up in fiscal stimulus on both sides of the Atlantic enticed some investors to wade back into stocks.
Read moreHousebuilders are too cheap, Jefferies says
19th Mar 2020 10:18
(Sharecast News) - UK housebuilders are too cheap, Jefferies said as the broker placed 'buy' ratings on almost all sector stocks after big share price falls caused by the coronavirus crisis.
Read moreIbstock sees solid growth as it integrates Longley
3rd Mar 2020 08:04
(Sharecast News) - Ibstock reported "solid" revenue growth of 5% in its preliminary results on Tuesday, to ?409m, which it said reflected growth in both its clay and concrete divisions.
Read moreWednesday broker round-up
5th Feb 2020 13:17
(Sharecast News) - Antofagasta: Deutsche Bank upgrades to hold with a target price of 850p.
Read moreIbstock turns in 'resilient' FY performance
16th Jan 2020 08:15
(Sharecast News) - Brick manufacturer Ibstock said on Thursday that it expects to deliver full-year adjusted underlying earnings broadly in line with market expectations after delivering a "resilient trading performance" in 2019.
Read moreKate Tinsley elevated to executive director at Ibstock
11th Dec 2019 13:03
(Sharecast News) - Ibstock announced on Wednesday that Kate Tinsley will be appointed to its board as an executive director.
Read moreMonday broker round-up
2nd Dec 2019 13:18
(Sharecast News) - Ibstock: Jefferies downgrades to hold with a target price of 268p.
Read moreCanaccord Genuity sees 'attractive' shareholder value in Forterra and Ibstock
19th Nov 2019 15:13
(Sharecast News) - Cannacord Genuity initiated coverage of shares in Forterra and Ibstock with 'buy' and 'hold' recommendations, respectively, telling clients their expectation was for both companies to "deliver attractive profitability and returns for the foreseeable future".
Read moreFTSE 250 movers: PureTech leaps, Equiniti slides
19th Nov 2019 14:05
(Sharecast News) - London's FTSE 250 was up by 0.99% at 20,642.46 in afternoon trade on Tuesday, with PureTech Health leading the way higher.
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