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Forterra Plc (LON:FORT) target price held steady at 330.00GBX, reported today by Peel Hunt

Forterra Plc (LON:FORT) had its target price hold steady to 330.00GBX by Peel Hunt in a report released 6/21/2017. The new target price indicates a possible upside of 0.25% based on the company's last stock close price.

Previously on Monday June 19, 2017, Peel Hunt reported about Forterra Plc (LON:FORT) raised the target price from 260.00GBX to 330.00GBX. At the time, this indicated a possible upside of 0.21%.

Yesterday Forterra Plc (LON:FORT) traded 0.74% higher at 263.00GBX. The company’s 50-day moving average is 274.95GBX and its 200-day moving average is 245.92GBX. The last stock close price is up 10.61% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 370,829 shares of the stock were exchanged, down from an average trading volume of 551,313

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Forterra Plc (LON:FORT)

Forterra Plc has a 52 week low of 158.68GBX and a 52 week high of 295.75GBX with a P/E ratio of 12.53 The company’s market cap is currently 0 GBX.

In addition to Peel Hunt 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.

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