Forterra (LON:FORT)‘s stock had its “buy” rating restated by Peel Hunt in a research note issued on Wednesday. They currently have a GBX 350 ($4.84) price target on the stock. Peel Hunt’s price target would indicate a potential upside of 18.24% from the stock’s previous close.
FORT has been the subject of a number of other reports. Citigroup reissued a “buy” rating on shares of Forterra in a research report on Tuesday, November 14th. Deutsche Bank reissued a “buy” rating and set a GBX 330 ($4.56) target price on shares of Forterra in a research report on Tuesday, January 30th. Finally, Numis Securities reissued an “add” rating and set a GBX 335 ($4.63) target price on shares of Forterra in a research report on Wednesday, November 22nd. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Forterra presently has a consensus rating of “Buy” and a consensus target price of GBX 328.29 ($4.54).
Forterra (FORT) opened at GBX 296 ($4.09) on Wednesday. Forterra has a 52-week low of GBX 193.50 ($2.67) and a 52-week high of GBX 307.75 ($4.25). The firm has a market cap of $593.31 and a P/E ratio of 1,345.45.
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Forterra plc is a producer of manufactured masonry products. The Company is also a manufacturer of building products for the United Kingdom construction industry. The Company’s segments include Bricks, Blocks and Bespoke Products. The Company’s product range consists of clay bricks, Thermalite blocks, aggregate blocks, Red Bank chimney, roofing and flue systems, precast concrete and flooring products, and Formpave permeable block paving.
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