Investment analysts at Stephens began coverage on shares of Forterra Inc (NASDAQ:FRTA) in a note issued to investors on Friday. The firm set an “equal weight” rating on the stock.

A number of other equities research analysts have also weighed in on FRTA. Royal Bank Of Canada assumed coverage on shares of Forterra in a report on Monday. They set an “outperform” rating and a $22.00 price objective on the stock. Goldman Sachs Group Inc. assumed 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. RBC Capital Markets began 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. Citigroup Inc. began coverage on shares of Forterra in a research report on Monday. They issued a “buy” rating and a $22.00 price objective for the company. Finally, Deutsche Bank AG began coverage on shares of Forterra in a research report on Monday. They issued a “hold” rating and a $20.00 price objective for the company. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $21.86.

Analyst Recommendations for Forterra (NASDAQ:FRTA)

Shares of Forterra (NASDAQ:FRTA) traded up 0.4269% during midday trading on Friday, reaching $17.9262. The company’s stock had a trading volume of 125,711 shares. The stock has a 50-day moving average of $17.36 and a 200 day moving average of $17.36. Forterra has a 12-month low of $16.24 and a 12-month high of $19.23.

Forterra Company Profile

5 Day Chart for NASDAQ:FRTA

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