Ibstock (OTCMKTS:IBJHF) Given New GBX 230 Price Target at JPMorgan Chase & Co.

Ibstock (OTCMKTS:IBJHFGet Rating) had its price target boosted by equities research analysts at JPMorgan Chase & Co. from GBX 220 ($2.86) to GBX 230 ($2.99) in a report issued on Monday, The Fly reports.

Separately, Investec initiated coverage on shares of Ibstock in a report on Wednesday, April 20th. They issued a “hold” rating for the company. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $230.00.

IBJHF remained flat at $$2.31 during midday trading on Monday. Ibstock has a 12-month low of $2.31 and a 12-month high of $2.31. The firm’s fifty day moving average is $2.52 and its two-hundred day moving average is $2.66.

About Ibstock (Get Rating)

Ibstock plc manufactures and sells clay and concrete building products and solutions primarily in the United Kingdom. Its principal products include clay bricks, brick components, concrete roof tiles, concrete stone masonry substitutes, concrete fencing, pre-stressed concrete, and concrete rail products.

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