Canaccord Genuity Group Has Lowered Expectations for Brickability Group (LON:BRCK) Stock Price

Brickability Group (LON:BRCK) had its target price cut by analysts at Canaccord Genuity Group from GBX 93 to GBX 77 in a research note issued to investors on Wednesday, Digital Look reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group‘s price target suggests a potential upside of 76.65% from the company’s previous close.

Brickability Group Stock Down 11.0%

Shares of BRCK opened at GBX 43.59 on Wednesday. The firm has a market cap of £140.91 million, a PE ratio of 108.97 and a beta of 0.31. The company’s fifty day moving average is GBX 48.43 and its two-hundred day moving average is GBX 49.64. Brickability Group has a fifty-two week low of GBX 39.20 and a fifty-two week high of GBX 59. The company has a quick ratio of 1.07, a current ratio of 1.37 and a debt-to-equity ratio of 64.27.

About Brickability Group

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.