Berenberg Bank Trims Forterra (FORT) Target Price to GBX 300
FORT has been the subject of a number of other reports. Peel Hunt restated a buy rating on shares of Forterra in a research report on Thursday, November 1st. Deutsche Bank restated a buy rating and set a GBX 357 ($4.66) target price on shares of Forterra in a research report on Thursday, July 12th. Finally, Numis Securities upgraded shares of Forterra to a buy rating in a research report on Thursday, August 30th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average price target of GBX 345 ($4.51).
LON FORT traded up GBX 2 ($0.03) on Tuesday, reaching GBX 226 ($2.95). 312,593 shares of the company’s stock traded hands, compared to its average volume of 275,467. Forterra has a fifty-two week low of GBX 193.50 ($2.53) and a fifty-two week high of GBX 307.75 ($4.02).
Forterra plc manufactures and sells masonry products in the United Kingdom. The company offers bricks; aircrete and aggregate blocks; and bespoke products comprising precast concrete, concrete block paving, and chimney and roofing solutions, as well as precast concrete flooring products under the London Brick, Butterley Brick, Ecostock, Cradley, Thermalite, Conbloc, Bison Precast, Jetfloor, Red Bank, and Formpave brand names.
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