Shares of Forterra PLC (LON:FORT) have been given an average recommendation of “Buy” by the six research firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 359.33 ($4.70).
FORT has been the topic of several recent analyst reports. Numis Securities reaffirmed an “add” rating on shares of Forterra in a report on Monday, July 30th. Deutsche Bank reaffirmed a “buy” rating on shares of Forterra in a report on Monday, August 6th. Finally, Peel Hunt reaffirmed a “buy” rating on shares of Forterra in a report on Monday, July 30th.
LON:FORT opened at GBX 221.79 ($2.90) on Thursday. Forterra has a twelve month low of GBX 193.50 ($2.53) and a twelve month high of GBX 307.75 ($4.02).
Forterra plc manufactures and sells masonry products in the United Kingdom. The company offers bricks; aircrete and aggregate blocks; and bespoke products comprising precast concrete, concrete block paving, and chimney and roofing solutions, as well as precast concrete flooring products under the London Brick, Butterley Brick, Ecostock, Cradley, Thermalite, Conbloc, Bison Precast, Jetfloor, Red Bank, and Formpave brand names.
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