Equities researchers at Oppenheimer Holdings Inc. began coverage on shares of Forterra Inc (NASDAQ:FRTA) in a report released on Monday. The brokerage set an “outperform” rating and a $23.00 price target on the stock. Oppenheimer Holdings Inc.’s price objective points to a potential upside of 25.48% from the stock’s previous close.

A number of other brokerages have also commented on FRTA. SunTrust Banks Inc. started coverage on shares of Forterra in a research note on Monday. They issued a “buy” rating and a $23.00 price target for the company. RBC Capital Markets initiated coverage on shares of Forterra in a research note on Monday. They issued an “outperform” rating and a $22.00 price target for the company. Goldman Sachs Group Inc. initiated coverage on shares of Forterra in a research report on Monday. They set a “neutral” rating and a $21.00 target price for the company. Deutsche Bank AG initiated coverage on shares of Forterra in a research report on Monday. They set a “hold” rating and a $20.00 target price for the company. Finally, Royal Bank Of Canada initiated coverage on shares of Forterra in a research report on Monday. They set an “outperform” rating and a $22.00 target price for the company. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $21.86.

Analyst Recommendations for Forterra (NASDAQ:FRTA)

Forterra (NASDAQ:FRTA) opened at 18.33 on Monday. Forterra has a one year low of $16.24 and a one year high of $19.23. The stock has a 50 day moving average of $17.29 and a 200-day moving average of $17.29.

About Forterra

5 Day Chart for NASDAQ:FRTA

Receive News & Stock Ratings for Forterra Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forterra Inc and related stocks with our FREE daily email newsletter.