Analyst Price Target is GBX 170
▲ +62.68% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Michelmersh Brick in the last 3 months. The average price target is GBX 170, with a high forecast of GBX 170 and a low forecast of GBX 170. The average price target represents a 62.68% upside from the last price of GBX 104.50.
Current Consensus is
Buy
The current consensus among 2 polled investment analysts is to buy stock in Michelmersh Brick. This Buy consensus rating has held steady for over two years.
Michelmersh Brick Holdings PLC is a business with seven market leading brands: Blockleys, Carlton, Charnwood, Freshfield Lane, Michelmersh, Hathern Terra Cotta and Floren. These divisions operate within a fully integrated business combining the manufacture of clay bricks and pavers. The Group also includes a landfill operator, New Acres Limited, and seeks to develop future landfill and development opportunities on ancillary land assets.
Established in 1997 the Company has grown through acquisition and organic growth into a profitable and asset rich business, producing over 120 million clay bricks and pavers per annum. Michelmersh currently owns most of the UK's premium manufacturing brands and is a leading specification brick and clay paving manufacturer.
Michelmersh strives to be a well invested, long term, sustainable, environmentally responsible business. Opportunity, training and security for all employees, whilst meeting the needs of stakeholders are at the forefront of everything we do. We aim to lead the way in producing some of Britain's premium clay products and enhancing our environment by adding value to the architectural landscape for generations to come.
We are Michelmersh Brick Holdings PLC: we are "Britain's Brick Specialist".
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