Ibstock sees FY 'modestly ahead' after swinging to profit
4th Aug 2021 07:52
(Sharecast News) - Bricks and concrete group Ibstock lifted annual guidance on Wednesday after swinging to a profit as the UK construction sector recovered from the impact of the Covid-19 pandemic.
Read moreTuesday broker round-up
27th Apr 2021 13:18
(Sharecast News) - Tyman: Canaccord reiterates buy with a target price of 455.0p.
Read moreBerenberg nudges up target price on Ibstock
27th Apr 2021 11:20
(Sharecast News) - Analysts at Berenberg slightly nudged up their target price on construction firm Ibstock from 230.0p to 255.0p on Tuesday, stating a new-build recovery appeared to already be priced in.
Read moreIbstock to redevelop mothballed factory after solid first quarter
22nd Apr 2021 08:30
(Sharecast News) - Ibstock reported a "good start" to the new financial year on Thursday, trading slightly ahead of expectations, with robust demand from both the new build housing and repairs, maintenance and improvement (RMI) end markets.
Read moreThursday broker round-up
11th Mar 2021 13:28
(Sharecast News) - Hunting: RBC Capital Markets downgrades to sector perform with a target price of 305p.
Read moreWednesday broker round-up
10th Mar 2021 13:21
(Sharecast News) - Ultra Electronics: JP Morgan upgrades to overweight with a target price of 2,350p.
Read moreIbstock swings to loss amid pandemic
10th Mar 2021 08:19
(Sharecast News) - Clay bricks and concrete products manufacturer Ibstock said on Wednesday that it swung to a full-year loss as demand was hit by the Covid-19 pandemic, but recommended a dividend.
Read moreIbstock 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.
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