Canaccord Genuity Group Begins Coverage on Brickability Group (LON:BRCK)

Analysts at Canaccord Genuity Group began coverage on shares of Brickability Group (LON:BRCK) in a research report issued on Wednesday, Marketbeat reports. The brokerage set a “buy” rating and a GBX 106 price target on the stock. Canaccord Genuity Group’s price target points to a potential upside of 87.28% from the company’s previous close.

Brickability Group Trading Up 0.4%

LON:BRCK opened at GBX 56.60 on Wednesday. Brickability Group has a 12 month low of GBX 51.60 and a 12 month high of GBX 71.80. The company has a current ratio of 1.31, a quick ratio of 1.07 and a debt-to-equity ratio of 47.17. The stock has a market capitalization of £182.33 million, a price-to-earnings ratio of 28.30 and a beta of 1.30. The firm has a fifty day simple moving average of GBX 56.71 and a two-hundred day simple moving average of GBX 61.97.

Brickability Group Company Profile

Brickability Group Plc is a leading distributor and provider of specialist products and services to the UK construction industry. The business comprises four divisions: Bricks and Building Materials, Contracting, Distribution, and Strategic Importing. With an agile, de-centralised, capital-light business model, supported by a strong balance sheet, Brickability leverages the skills of its people company-wide to effectively service the complex and evolving needs of the construction industry.
Incorporated in 1985, the Group has grown organically through product diversification and geographic expansion, as well as through the acquisition of specialist businesses that support its long-term strategy for growth.