Forestar Group Inc – Consensus Indicates Potential 37.0% Upside

Broker Ratings
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Forestar Group Inc with ticker code (FOR) now have 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 25 and 19 with a mean TP of 22. Given that the stocks previous close was at 16.06 this indicates there is a potential upside of 37.0%. The 50 day moving average now sits at 16.58 and the 200 moving average now moves to 19.12. The market cap for the company is $792m. You can visit the company’s website by visiting: https://www.forestar.com

The potential market cap would be $1,085m 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 homebuilders. The company is headquartered in Arlington, Texas. Forestar Group Inc. is a subsidiary of D.R. Horton

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