Forestar Group Inc – Consensus Indicates Potential 12.3% Upside

Broker Ratings

Forestar Group Inc with ticker code (FOR) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 18 and 13.5 and has a mean target at 15.83. Given that the stocks previous close was at 14.1 this would indicate that there is a potential upside of 12.3%. The 50 day MA is 11.88 while the 200 day moving average is 14.67. The company has a market capitalisation of $728m. You can visit the company’s website by visiting: https://www.forestar.com

The potential market cap would be $817m based on the market concensus.

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Forestar Group Inc. operates as a residential lot development company in the United States. The acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to local, regional, and national homebuilders. The company is headquartered in Arlington, Texas. Forestar Group Inc. is a subsidiary of D.R. Horton

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