The Forterra PLC (FORT) Price Target Increased to GBX 235 by Analysts at Peel Hunt

The Forterra PLC (FORT) Price Target Increased to GBX 235 by Analysts at Peel Hunt

Forterra PLC (LON:FORT) had its price target lifted by Peel Hunt from GBX 220 ($2.65) to GBX 235 ($2.84) in a research report sent to investors on Monday, StockTargetPrices.com reports. They currently have a buy rating on the stock.

FORT has been the topic of several other reports. Deutsche Bank AG increased their target price on shares of Forterra PLC from GBX 216 ($2.61) to GBX 259 ($3.12) and gave the stock a buy rating in a report on Wednesday, January 4th. Davy Research reiterated a neutral rating on shares of Forterra PLC in a report on Thursday, November 17th. Finally, Numis Securities Ltd reiterated a buy rating and set a GBX 225 ($2.71) target price on shares of Forterra PLC in a report on Monday, November 21st. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Forterra PLC currently has an average rating of Buy and a consensus price target of GBX 231.60 ($2.79).

Shares of Forterra PLC (LON:FORT) opened at 175.25 on Monday. Forterra PLC has a 12 month low of GBX 110.00 and a 12 month high of GBX 193.00. The company’s market capitalization is GBX 351.20 million. The company’s 50-day moving average is GBX 177.79 and its 200 day moving average is GBX 163.71.

Forterra PLC Company Profile

Forterra plc is a producer of manufactured masonry products. The Company is also a manufacturer of building products for the United Kingdom construction industry. The Company’s segments include Bricks, Blocks and Bespoke Products. The Company’s product range consists of clay bricks, Thermalite blocks, aggregate blocks, Red Bank chimney, roofing and flue systems, precast concrete and flooring products, and Formpave permeable block paving.

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