Shares of Forterra Inc (NASDAQ:FRTA) have been given an average rating of “Buy” by the seven ratings firms that are presently covering the stock. Two research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $21.86.

FRTA has been the topic of a number of analyst reports. Royal Bank Of Canada initiated coverage on shares of Forterra in a research report on Monday. They issued an “outperform” rating and a $22.00 price objective on the stock. Goldman Sachs Group Inc. initiated coverage on shares of Forterra in a research report on Monday. They issued a “neutral” rating and a $21.00 price objective on the stock. RBC Capital Markets initiated coverage on shares of Forterra in a research report on Monday. They issued an “outperform” rating and a $22.00 price objective on the stock. Citigroup Inc. initiated coverage on shares of Forterra in a research report on Monday. They issued a “buy” rating and a $22.00 price objective on the stock. Finally, Deutsche Bank AG initiated coverage on shares of Forterra in a research report on Monday. They issued a “hold” rating and a $20.00 price objective on the stock.

Shares of Forterra (NASDAQ:FRTA) opened at 18.20 on Monday. Forterra has a 52-week low of $16.24 and a 52-week high of $19.23. The company’s 50-day moving average is $17.34 and its 200 day moving average is $17.34.

About Forterra

5 Day Chart for NASDAQ:FRTA

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