Forestar Group Inc – Consensus Indicates Potential 39.3% Upside

Broker Ratings
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Forestar Group Inc with ticker code (FOR) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 25 and 16 calculating the mean target price we have 21. Given that the stocks previous close was at 15.08 this would indicate that there is a potential upside of 39.3%. There is a 50 day moving average of 15.42 and the 200 moving average now moves to 18.38. The company has a market capitalisation of $724m. Visit the company website at: https://www.forestar.com

The potential market cap would be $1,008m 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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