Today, Forterra PLC (FORT) Rating Reiterate by Numis Securities Ltd

Today, Forterra PLC (FORT) Rating Reiterate by Numis Securities Ltd

Numis Securities Ltd reaffirmed their buy rating on shares of Forterra PLC (LON:FORT) in a report published on Monday. They currently have a GBX 225 ($2.81) price target on the stock.

A number of other analysts also recently issued reports on the company. Deutsche Bank AG reissued a buy rating and issued a GBX 198 ($2.47) target price on shares of Forterra PLC in a research report on Friday, November 18th. Davy Research reissued a neutral rating on shares of Forterra PLC in a research report on Thursday, November 17th. Peel Hunt reissued a buy rating and issued a GBX 220 ($2.75) target price on shares of Forterra PLC in a research report on Wednesday, November 16th. Finally, Credit Suisse Group AG reissued an outperform rating and issued a GBX 195 ($2.44) target price on shares of Forterra PLC in a research report on Friday, September 9th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Forterra PLC has a consensus rating of Buy and an average price target of GBX 216.40 ($2.70).

Forterra PLC (LON:FORT) opened at 185.00 on Monday. The stock’s 50 day moving average price is GBX 177.85 and its 200-day moving average price is GBX 161.19. The firm’s market cap is GBX 370.74 million. Forterra PLC has a 12-month low of GBX 110.00 and a 12-month high of GBX 190.00.

In related news, insider Harrison,Stephen purchased 3,000 shares of the business’s stock in a transaction dated Thursday, September 8th. The stock was purchased at an average cost of GBX 166 ($2.07) per share, with a total value of £4,980 ($6,221.89).

About Forterra PLC

Forterra plc is a United Kingdom-based producer of manufactured masonry products. The Company offers clay bricks, aircrete blocks and concrete blocks. It offers Fletton brick under the London Brick brand. It offers a range of building products, including engineered precast concrete flooring. It operates approximately nine brick manufacturing facilities in the United Kingdom with a total production capacity of approximately 570 million bricks per annum.

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