Forestar Group Inc – Consensus Indicates Potential 25.3% Upside

Broker Ratings
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Forestar Group Inc with ticker code (FOR) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 21 and 15 calculating the mean target price we have 18. Now with the previous closing price of 14.36 this indicates there is a potential upside of 25.3%. There is a 50 day moving average of 15.36 and the 200 moving average now moves to 14.14. The company has a market cap of $741m. Company Website: https://www.forestar.com

The potential market cap would be $928m 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

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