Research analysts at SunTrust Banks Inc. started coverage on shares of Forterra Inc (NASDAQ:FRTA) in a research note issued to investors on Monday. The brokerage set a “buy” rating and a $23.00 price target on the stock. SunTrust Banks Inc.’s price objective would indicate a potential upside of 25.48% from the company’s previous close.

Several other research firms have also issued reports on FRTA. RBC Capital Markets began coverage on Forterra in a report on Monday. They set an “outperform” rating and a $22.00 target price on the stock. Deutsche Bank AG initiated coverage on Forterra in a research note on Monday. They issued a “hold” rating and a $20.00 price objective on the stock. Royal Bank Of Canada initiated coverage on Forterra in a research note on Monday. They issued an “outperform” rating and a $22.00 price objective on the stock. Goldman Sachs Group Inc. initiated coverage on Forterra in a research note on Monday. They issued a “neutral” rating and a $21.00 price objective on the stock. Finally, Citigroup Inc. initiated coverage on Forterra in a research note on Monday. They issued a “buy” rating and a $22.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Forterra has a consensus rating of “Buy” and an average price target of $21.86.

Analyst Recommendations for Forterra (NASDAQ:FRTA)

Shares of Forterra (NASDAQ:FRTA) opened at 18.33 on Monday. Forterra has a 52 week low of $16.24 and a 52 week high of $19.23. The company has a 50-day moving average price of $17.29 and a 200 day moving average price of $17.29.

Forterra Company Profile

5 Day Chart for NASDAQ:FRTA

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