Analyst Price Target is GBX 180.87
▲ +11.78% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Forterra in the last 3 months. The average price target is GBX 180.87, with a high forecast of GBX 210 and a low forecast of GBX 162.60. The average price target represents a 11.78% upside from the last price of GBX 161.80.
Current Consensus is
Hold
The current consensus among 3 polled investment analysts is to hold stock in Forterra. This rating has held steady since June 2024, when it changed from a Moderate Buy consensus rating.
Forterra is a leading UK manufacturer of essential clay and concrete building products, with a unique combination of strong market positions in clay bricks, concrete blocks and precast concrete flooring. Our heritage dates back many decades and the durability, longevity and inherent sustainability of our products is evident in the construction of buildings that last for generations; wherever you are in Britain, you won't be far from a building with a Forterra product within its fabric.
Our clay brick business combines our extensive secure mineral reserves with modern and efficient high-volume manufacturing processes to produce large quantities of extruded and soft mud bricks, primarily for the new build housing market. We are also the sole manufacturer of the iconic Fletton brick, sold under the London Brick brand, used in the original construction of nearly a quarter of England's housing stock and today used extensively by homeowners carrying out extension or improvement work. Within our concrete blocks business, we are one of the leading producers of aircrete and aggregate blocks, the former being sold under one of the sector's principal brands of Thermalite. Our precast concrete products are sold under the established Bison Precast brand, and are utilised in a wide spectrum of applications, from new build housing to commercial and infrastructure.
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