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The Sunday press is correct about the UK’s largest brick company Ibstock

By Chris Bailey of Financial Orbit | Sunday 22 August 2021

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

The last time that I wrote positively about Ibstock (IBST) – the UK’s largest brick company - was here -  back in April. Back then I concluded that ‘assuming further recovery in key sales/profit metrics to closer to the 2019 levels as 2021 progresses.  And fair value is still above 250 pence’, which still suggests today a nice 10%+ increase potential in the share price.  

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