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

Brickability Group (LON:BRCK) was downgraded by equities researchers at Canaccord Genuity Group to a “buy” rating in a research report issued to clients and investors on Wednesday,Digital Look reports. They presently have a GBX 106 target price on the stock, up from their prior target price of GBX 93. Canaccord Genuity Group’s price target suggests a potential upside of 116.33% from the stock’s previous close.

Brickability Group Trading Up 0.9%

Shares of BRCK opened at GBX 49 on Wednesday. The firm has a market cap of £157.85 million, a price-to-earnings ratio of 15.03 and a beta of 0.32. The company has a debt-to-equity ratio of 55.47, a quick ratio of 1.07 and a current ratio of 1.34. Brickability Group has a fifty-two week low of GBX 39.20 and a fifty-two week high of GBX 70.52. The firm has a 50 day moving average price of GBX 50.21 and a 200-day moving average price of GBX 50.80.

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.