Forterra (LON:FORT) Given “Hold” Rating at Jefferies Financial Group

Forterra (LON:FORT)‘s stock had its “hold” rating reissued by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports. They presently have a GBX 162.60 ($2.06) price objective on the stock. Jefferies Financial Group’s target price indicates a potential upside of 2.26% from the stock’s previous close.

Separately, Berenberg Bank reaffirmed a “hold” rating and set a GBX 170 ($2.16) target price on shares of Forterra in a research report on Tuesday, May 21st.

Forterra Stock Down 0.4 %

Shares of LON:FORT opened at GBX 159 ($2.02) on Thursday. The firm has a market cap of £328.97 million, a P/E ratio of 2,650.00, a P/E/G ratio of 0.66 and a beta of 1.24. The company has a quick ratio of 0.82, a current ratio of 1.56 and a debt-to-equity ratio of 64.20. Forterra has a 12-month low of GBX 122.20 ($1.55) and a 12-month high of GBX 190.60 ($2.42). The business has a fifty day simple moving average of GBX 166.31 and a 200 day simple moving average of GBX 167.63.

Forterra Company Profile

Forterra plc engages in the manufacture and sale of building products in the United Kingdom. The company operates through three segments: Bricks, Blocks, and Bespoke Products. It offers bricks; aircrete and aggregate blocks for internal and external applications, such as foundations, floors and walls, and detailing; bespoke precast concrete products comprising jetfloor, hollowcore, beam and block, and flooring, as well as box culverts, omnia bridge decks, and retaining walls for infrastructure; and crosswall frames, stairs and landings, stadia components, and columns and beams for structural projects.