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IBST Ibstock Plc

181.80
0.40 (0.22%)
Last Updated: 11:50:02
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ibstock Plc LSE:IBST London Ordinary Share GB00BYXJC278 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.40 0.22% 181.80 113,753 11:50:02
Bid Price Offer Price High Price Low Price Open Price
181.20 182.00 183.20 178.40 181.40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Concrete Block And Brick 405.84M 21.06M 0.0535 34.02 714.46M
Last Trade Time Trade Type Trade Size Trade Price Currency
11:39:52 AT 5 181.80 GBX

Ibstock (IBST) Latest News

Ibstock News

Date Time Source Headline
15/11/202414:00UK RNSIbstock PLC Holding(s) in Company
18/10/202409:30UK RNSIbstock PLC Holding(s) in Company
17/10/202409:16ALNCNewsIbstock says well positioned amid signs of upturn in UK housing market
17/10/202406:00UK RNSIbstock PLC Third Quarter Trading Update
09/10/202414:00UK RNSIbstock PLC Holding(s) in Company
07/10/202408:30UK RNSIbstock PLC Holding(s) in Company
01/10/202410:56UK RNSIbstock PLC Total Voting Rights
05/9/202415:17UK RNSIbstock PLC Holding(s) in Company
02/9/202407:51UK RNSIbstock PLC Total Voting Rights
16/8/202411:00UK RNSIbstock PLC Holding(s) in Company

Ibstock (IBST) Discussions and Chat

Ibstock Forums and Chat

Date Time Title Posts
20/11/202420:31Ibstock building clay bricks in volume677
03/11/202116:45Ibstock-
08/3/202116:00Ibstock Results this week-

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Ibstock (IBST) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:39:52181.8059.09AT
11:39:52181.8059.09AT
11:39:52181.806131,114.43AT
11:36:00182.00100182.00AT
11:33:10181.80100181.80AT

Ibstock (IBST) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Ibstock Daily Update
Ibstock Plc is listed in the Concrete Block And Brick sector of the London Stock Exchange with ticker IBST. The last closing price for Ibstock was 181.40p.
Ibstock currently has 393,856,763 shares in issue. The market capitalisation of Ibstock is £716,819,309.
Ibstock has a price to earnings ratio (PE ratio) of 34.02.
This morning IBST shares opened at 181.40p
Posted at 23/10/2024 13:43 by martywidget
Jefferies raises Ibstock to ’buy’ (hold) - price target 251 (200) pence

Ibstock gained as Jefferies upgraded the shares to ‘buy’ from ‘hold’ "given the current compelling demand-supply dynamic in the UK brick sector". It applied the same upgrade to Forterra.

The bank said it now sees a clear path to return to prior peak EBITDA (i.e. 2022) by 2027, underpinned by a housebuilding-led recovery but also sufficient spare capacity to fully capture this growth.

"This suggests more than 70% upside from 2024 profit levels, offering significantly more upside than at UK building product peers if they too were to return to 2022 levels from 2024 (less than 40%)," it said.

"This uplift is driven by our expectations of a strong demand recovery underpinned by an improving housing market (we forecast UK brick demand to grow circa +35% over 2024-27, after a circa 40% fall over 2022-24).

"However, with domestic capacity utilisation currently at c.60%, we are in a unique position where both main players have the ability to fully capture recovering demand (as opposed to driving higher imports due to capacity constraints as has been the case for much of the past decade)."

Jefferies said that beyond earnings recovery, robust cash generation and deleveraging offer another leg to the investment case, with ample spare cash for M&A and/ or extra returns.

The bank lifted its price target on Ibstock to 251p from 200p and said it was its preferred pick "given its greater liquidity and higher potential for M&A-driven earnings accretion to boost its still nascent Futures division".
Posted at 04/7/2024 09:14 by philanderer
Ah, here you go..


RBC starts Ibstock with 'outperform' - price target 200 pence
Posted at 04/7/2024 08:26 by wad collector
Might reach the original flotation price soon at this rate.
Posted at 25/5/2024 10:45 by lorse
Good to see some interest in the share on here.

Do we know know what driven the price higher this week, apart from the Wad Collector's judgement with regard to this week's election announcement?
Posted at 24/5/2024 12:21 by wad collector
1 yr high today , good to see a bit of share price recovery but still below the float price from 9 yrs ago. I see Labour are talking about house building , maybe this will help the sector recovery, even if never happens in the long run.
Posted at 17/2/2024 07:32 by scruff1
I think over the last 18 months IBST has shown a fairly remarkable resilience. It bodes well if/when the upturn comes. I would have been worried about a Labour govt but they just surely CANT be any worse than the totally useless current incumbents.
Posted at 21/1/2024 13:29 by eeza
Tipped by Midas
Posted at 07/12/2023 22:44 by scruff1
Porsche
I suspect you could regret the PHNX - junk - comment. Hope so anyway - Ive bought quite a few recently so one of us will have egg on our faces. The 11% yield will help ease the pain if its on mine but so far the capital growth is fair too (though granted Im only a recent holder). Brave chap if you are still short imo.

I also bought a few more IBST last week. I have a bit of faith in them (medium term). Good co. and I hope to benefit from a change of sentiment in the housing market - they will. Not getting over excited by today's activity but it may - hopefully be a small sign that things are awakening. Certainly some positive sounds over the last few days.
Posted at 28/6/2022 13:07 by cerrito
As a holder of Ibstock I was interested to read rather a fluffy piece in today's Telegraph about how small family building companies are having a really tough time given the scarcity and pricing of key supplies, specifically bricks and mentioning the 12pc price increase made by Forterra in April.
Has yet to impact the IBST share price. I checked progress in the buy back programme. My reading is that they have bought back 3,125k shares which at an average price of 175p equates to £5.5m ie they are still in the early days if they do do £30m of buybacks.
Posted at 11/10/2021 19:17 by tole
https://www.fool.co.uk/investing/2021/10/11/500-to-invest-2-dirt-cheap-uk-shares-id-buy-right-now/£500 to invest? 2 dirt-cheap UK shares I'd buy right nowRoyston Wild | Monday, 11th October, 2021 | More on: BWY IBSTImage of person checking their shares portfolio on mobile phone and computer Image source: Getty Images.The Ibstock (LSE: IBST) share price has fallen off a cliff. Down 22% since the beginning of September, investors have trembled over the potential impact of soaring inflation on Bank of England policy and fretted how this could damage demand for the brickmaker's products.Naturally, rising interest rates would make it more challenging for potential homebuyers to afford to buy. Comments coming from key Bank of England personnel seems to suggest that rate hikes could be coming very soon.Michael Saunders, a member of the rate-setting Monetary Policy Committee, said over the weekend that "markets have priced in over the last few months an earlier rise in Bank rate than previously and I think that's appropriate."Market-beating valueIbstock's recent fall means it continues to trade on a forward price-to-earnings growth (PEG) ratio of 0.1. A reminder that any reading below 1 suggests a stock is undervalued by the market. The firm doesn't just look like a dirt-cheap UK share from an earnings point of view either.For 2021 and 2022, the FTSE 250 share carries dividend yields of 3.3% and 4.4% respectively. This beats the broader FTSE 250 forward average of 1.9% by a decent margin.Another cheap UK share on my radarWorries over possible Bank of England rate hikes (along with fears over rising building material costs) have also shaken the share prices of many housebuilders.FTSE 250-quoted Bellway (LSE: BWY) is one of these recent casualties, down 13% since the beginning of September. But at current prices I think this is another UK share that offers brilliant all-round value. As well as also trading on a PEG ratio of 0.1 for 2021, Bellway's dividend yields clock in at 3.5% for this year and 4% for 2021.I thought both Bellway and Ibstock offered excellent value before the September and October sell-offs. And following those, falls I believe these dirt-cheap UK shares could now be considered too cheap for me to miss. I certainly think their recent share price drops more than reflect the threat of sooner-than-expected interest rate rises.Still looking goodFrom a long-term perspective both these companies still have terrific profits potential. Sure, Bank of England rates may rise from their record lows of 0.1% very soon. But I still expect them to remain well below their historic lows. Otherwise it could strangle the economic recovery as Britain copes with the twin problems of Covid-19 and Brexit.On top of this, homebuyer affordability should remain well supported by the intensifying mortgage product war. Lenders are bending over backwards with low rates, cashback and other perks to win business in an ever-more-crowded market.There simply aren't enough homes to go around in Britain. Therefore government will have no choice but to continue building to solve the crisis (the housing ministry has its sights set on 300,000 new homes a year in the next few years). All things considered, I think the future still looks bright for cheap UK shares Ibstock and Bellway. And I think they're great value buys for me following those recent share price falls.
Ibstock share price data is direct from the London Stock Exchange

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