News articles about Forterra (NASDAQ:FRTA) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Forterra earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave press coverage about the construction company an impact score of 46.3659838607345 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
A number of analysts have recently issued reports on FRTA shares. Royal Bank Of Canada restated a “hold” rating and set a $10.00 price target on shares of Forterra in a report on Wednesday, August 9th. Zacks Investment Research upgraded shares of Forterra from a “sell” rating to a “hold” rating in a report on Monday, October 16th. Stephens restated an “equal weight” rating and set a $9.00 price target (up previously from $4.00) on shares of Forterra in a report on Wednesday, November 15th. ValuEngine upgraded shares of Forterra from a “hold” rating to a “buy” rating in a report on Friday, August 11th. Finally, Citigroup raised their price target on shares of Forterra from $4.00 to $9.00 and gave the stock a “buy” rating in a report on Friday, November 10th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $11.36.
Shares of Forterra (NASDAQ:FRTA) opened at $9.35 on Monday. Forterra has a 1-year low of $3.02 and a 1-year high of $22.76. The company has a debt-to-equity ratio of 15.19, a current ratio of 2.56 and a quick ratio of 1.43.
Forterra Company Profile
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