Forterra (LON:FORT) had its price objective upped by Berenberg Bank from GBX 290 ($3.79) to GBX 300 ($3.92) in a research note issued to investors on Wednesday morning. The brokerage currently has a hold rating on the stock.
Separately, Peel Hunt boosted their price target on shares of Forterra from GBX 295 ($3.85) to GBX 325 ($4.25) and gave the company an add rating in a report on Tuesday. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of GBX 340.83 ($4.45).
FORT stock opened at GBX 292 ($3.82) on Wednesday. Forterra has a 12 month low of GBX 193.50 ($2.53) and a 12 month high of GBX 307.75 ($4.02).
Forterra Company Profile
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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