Forestar Group Inc found using ticker (FOR) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 21 and 15 with the average target price sitting at 18. Given that the stocks previous close was at 14.16 this is indicating there is a potential upside of 27.1%. The 50 day MA is 15.39 and the 200 moving average now moves to 13.99. The company has a market capitalisation of $700m. Company Website: https://www.forestar.com
The potential market cap would be $890m 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, Inc.