Ibstock (LON:IBST) Price Target Cut to GBX 75 by Analysts at Berenberg Bank

Ibstock (LON:IBST) had its price target dropped by investment analysts at Berenberg Bank from GBX 90 to GBX 75 in a research report issued on Tuesday, Digital Look reports. The firm currently has a “hold” rating on the stock. Berenberg Bank‘s target price points to a potential upside of 3.09% from the stock’s previous close.

Several other research firms also recently weighed in on IBST. Peel Hunt reaffirmed a “buy” rating and issued a GBX 125 target price on shares of Ibstock in a research report on Wednesday, August 5th. Royal Bank Of Canada lowered their price objective on shares of Ibstock from GBX 160 to GBX 130 and set an “outperform” rating for the company in a research note on Thursday, July 30th. Jefferies Financial Group dropped their price objective on shares of Ibstock from GBX 115 to GBX 90 and set a “hold” rating for the company in a report on Monday, August 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 100 target price on shares of Ibstock in a research note on Thursday, August 6th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 104.

Ibstock Trading Up 0.3%

Shares of LON IBST opened at GBX 72.75 on Tuesday. Ibstock has a twelve month low of GBX 68.80 and a twelve month high of GBX 143.80. The company has a current ratio of 1.28, a quick ratio of 1.19 and a debt-to-equity ratio of 54.38. The stock has a fifty day simple moving average of GBX 80.64 and a 200-day simple moving average of GBX 99.51. The stock has a market capitalization of £287.37 million, a PE ratio of -12.76, a PEG ratio of 0.47 and a beta of 0.84.

Ibstock (LON:IBST) last posted its quarterly earnings data 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%. On average, equities analysts forecast that Ibstock will post 11.01 earnings per share for the current year.

Ibstock News Summary

Here are the key news stories impacting Ibstock this week:

• Negative Sentiment: Lower FY2026 outlook: Ibstock cut its adjusted EBITDA expectations for the second half of fiscal 2026 as trading weakened, increasing concerns that earnings will fall materially short of previous forecasts. Ibstock Cuts FY2026 Profit Outlook as UK Brick Market Weakness Continues
• Negative Sentiment: Builders reducing orders: Housebuilders and other customers have cut back on brick purchases, resulting in weaker sales volumes and a deterioration in market conditions. The slowdown reflects continued weakness in UK housebuilding activity. Ibstock Earnings Warning Sends Shares Tumbling Over 10% After Builders Cut Back on Brick Orders
• Negative Sentiment: Profit pressure likely to persist: Reports indicate analysts expect full-year profit to decline substantially as brick sales fall, with the warning highlighting that the downturn has deepened rather than stabilized. Analysts Expecting Full-Year Profit to Be Down as Ibstock Brick Sales Tumble
• Negative Sentiment: Investor confidence hit by repeated warning: The latest guidance reduction is Ibstock’s second profit warning this year, raising concerns about the pace of recovery, demand visibility and the company’s ability to meet prior earnings expectations. Ibstock Slashes Profit Guidance as Brick Market Downturn Deepens

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.