Forterra PLC (LON:FORT) insider Stephen Harrison sold 22,658 shares of the business’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of GBX 192 ($2.53), for a total transaction of £43,503.36 ($57,226.20).
Stephen Harrison also recently made the following trade(s):
- On Thursday, March 12th, Stephen Harrison bought 1,000 shares of Forterra stock. The shares were bought at an average cost of GBX 265 ($3.49) per share, for a total transaction of £2,650 ($3,485.92).
Shares of LON:FORT opened at GBX 222.50 ($2.93) on Thursday. The firm has a market cap of $445.98 million and a PE ratio of 9.39. The firm’s fifty day moving average is GBX 305.27 and its 200-day moving average is GBX 303.25. The company has a debt-to-equity ratio of 53.71, a quick ratio of 0.79 and a current ratio of 1.36. Forterra PLC has a 52 week low of GBX 227.50 ($2.99) and a 52 week high of GBX 407.50 ($5.36).
FORT has been the topic of a number of research reports. Jefferies Financial Group decreased their target price on shares of Forterra from GBX 416 ($5.47) to GBX 313 ($4.12) and set a “buy” rating on the stock in a research note on Thursday, March 19th. Peel Hunt reiterated an “add” rating on shares of Forterra in a report on Tuesday, March 10th. Deutsche Bank reiterated a “buy” rating on shares of Forterra in a report on Thursday, March 12th. Berenberg Bank lifted their price target on shares of Forterra from GBX 300 ($3.95) to GBX 340 ($4.47) and gave the stock a “hold” rating in a report on Friday, January 24th. Finally, Citigroup reiterated a “neutral” rating on shares of Forterra in a report on Monday, February 24th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of GBX 338.83 ($4.46).
Forterra Company Profile
Forterra plc manufactures and sells masonry products in the United Kingdom. It operates through three segments: Bricks, Blocks, and Bespoke Products. The company offers bricks; aircrete and aggregate blocks; and bespoke products comprising precast concrete flooring, concrete block paving, and chimney and roofing components, as well as other building products under the London Brick, Butterley Brick, Ecostock, Cradley, Thermalite, Conbloc, Bison Precast, Jetfloor, Red Bank, and Formpave brand names.
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