Brickability Group (LON:BRCK) Downgraded to “Buy” Rating by Canaccord Genuity Group

Brickability Group (LON:BRCKGet Free Report) was downgraded by research analysts at Canaccord Genuity Group to a “buy” rating in a research report issued to clients and investors on Wednesday,Digital Look reports. They currently have a GBX 106 price target on the stock, up from their previous price target of GBX 93. Canaccord Genuity Group’s price target would suggest a potential upside of 116.33% from the company’s current price.

Brickability Group Trading Up 0.9%

Shares of BRCK opened at GBX 49 on Wednesday. The firm’s 50 day simple moving average is GBX 50.21 and its 200 day simple moving average is GBX 50.80. The company has a market capitalization of £157.85 million, a P/E ratio of 15.03 and a beta of 0.32. The company has a debt-to-equity ratio of 55.47, a current ratio of 1.34 and a quick ratio of 1.07. Brickability Group has a 1-year low of GBX 39.20 and a 1-year high of GBX 70.52.

About Brickability Group

(Get Free Report)

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.

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