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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