Goldman Sachs Group Inc. Initiates Coverage on Forterra Inc (FRTA)
Analysts at Goldman Sachs Group Inc. assumed coverage on shares of Forterra Inc (NASDAQ:FRTA) in a research note issued on Monday. The brokerage set a “neutral” rating and a $21.00 price target on the stock. Goldman Sachs Group Inc.’s price target suggests a potential upside of 14.57% from the stock’s current price.
Separately, Royal Bank Of Canada started coverage on shares of Forterra in a research note on Monday. They set an “outperform” rating and a $22.00 price objective for the company. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $21.86.
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 of $17.29 and a 200-day moving average of $17.29.
Forterra Company Profile
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