Breaking Finance News

Deutsche Bank announced Forterra Plc (LON:FORT), upholding its stock price target at 327.00GBX today

Yesterday Forterra Plc (LON:FORT) traded 1.80% higher at 0.00GBX. The company’s 50-day moving average is 263.28GBX and its 200-day moving average is 231.63GBX. The last stock close price is down 15.70% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 161,319 shares of the stock were exchanged, down from an average trading volume of 362,754

In a statement issued on Friday July 07, 2017 Deutsche Bank hold steady the stock price target of Forterra Plc (LON:FORT) from 327.00GBX to 327.00GBX indicating a possible upside of 0%.

Previously on 6/26/2017, Jefferies International reported about Forterra Plc (LON:FORT) held steady the target price at 370.00GBX. At the time, this indicated a possible upside of 0.39%.

See Chart Below

Forterra Plc (LON:FORT)

Forterra Plc has a 52 week low of 144.50GBX and a 52 week high of 295.75GBX with a P/E ratio of 12.35 The company’s market cap is currently 0 GBX.

In addition to Deutsche Bank reporting its target price, a total of 3 firms have reported on the stock. The consensus target price is 220.00GBX with 1 firm rating the stock a strong buy, 2 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Forterra Plc (LON:FORT)

Forterra plc is a producer of manufactured masonry products. The Company is also a manufacturer of building products for the United Kingdom construction industry. The Company's segments include Bricks, Blocks and Bespoke Products. The Company's product range consists of clay bricks, Thermalite blocks, aggregate blocks, Red Bank chimney, roofing and flue systems, precast concrete and flooring products, and Formpave permeable block paving. It is a manufacturer of bricks in Great Britain and a manufacturer of Fletton brick, which is sold under the London Brick brand. It is a manufacturer of aircrete blocks in Great Britain sold under its Thermalite brand. It also manufactures aggregate blocks. Its bespoke products range consists of precast concrete, concrete block paving, chimney and roofing solutions, and structural wall insulation. It operates from approximately 20 facilities in total and is focused on the United Kingdom building and construction market.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter.