Forestar Group Inc – Consensus Indicates Potential 22.3% Upside

Broker Ratings
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Forestar Group Inc with ticker code (FOR) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 21 and 15 calculating the average target price we see 18. Now with the previous closing price of 14.72 this would indicate that there is a potential upside of 22.3%. The day 50 moving average is 15.47 and the 200 day MA is 14.09. The company has a market cap of $741m. Company Website: https://www.forestar.com

The potential market cap would be $906m based on the market concensus.

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.

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