Brickability Group’s (BRCK) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Brickability Group (LON:BRCK) in a report released on Tuesday morning,Digital Look reports. Canaccord Genuity Group currently has a GBX 93 target price on the stock.

Brickability Group Price Performance

Brickability Group stock opened at GBX 49.75 on Tuesday. Brickability Group has a 52 week low of GBX 39.20 and a 52 week high of GBX 66. The company’s 50 day moving average price is GBX 49.01 and its two-hundred day moving average price is GBX 50.17. The stock has a market cap of £160.83 million, a P/E ratio of 15.26 and a beta of 0.31. The company has a quick ratio of 1.07, a current ratio of 1.37 and a debt-to-equity ratio of 64.27.

Brickability Group (LON:BRCK) last released its earnings results on Tuesday, July 14th. The company reported GBX 8.91 earnings per share (EPS) for the quarter. Brickability Group had a return on equity of 0.71% and a net margin of 0.20%. On average, equities analysts predict that Brickability Group will post 8.4193122 earnings per share for the current year.

Brickability Group Company Profile

BRCK 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, Importing, Distribution and Contracting. With an agile, de-centralised, capital-light business model, supported by a strong balance sheet, BRCK leverages the skills of its people company-wide to effectively service the complex and evolving needs of the construction industry.

Founded 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.