Brickability Group’s (BRCK) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Brickability Group (LON:BRCK)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity Group in a report issued on Tuesday,London Stock Exchange reports. They presently have a GBX 106 price target on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 101.52% from the stock’s current price.

Brickability Group Stock Performance

Shares of LON:BRCK traded up GBX 0.80 during midday trading on Tuesday, reaching GBX 52.60. 1,799,167 shares of the company traded hands, compared to its average volume of 882,033. The firm’s fifty day moving average price is GBX 55.18 and its two-hundred day moving average price is GBX 60.44. The firm has a market capitalization of £169.45 million, a price-to-earnings ratio of 26.30 and a beta of 1.30. The company has a quick ratio of 1.07, a current ratio of 1.31 and a debt-to-equity ratio of 47.17. Brickability Group has a 12 month low of GBX 50.20 and a 12 month high of GBX 71.80.

Brickability Group (LON:BRCK) last posted its earnings results on Tuesday, November 25th. The company reported GBX 4.79 earnings per share for the quarter. Brickability Group had a return on equity of 8.24% and a net margin of 2.59%. On average, equities analysts expect that Brickability Group will post 8.4193122 earnings per share for the current year.

About Brickability Group

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.