Forestar Group Inc – Consensus Indicates Potential 41.6% Upside

Broker Ratings
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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 25 and 16 with a mean TP of 19.67. Given that the stocks previous close was at 13.89 this now indicates there is a potential upside of 41.6%. The 50 day moving average now sits at 14.23 and the 200 day MA is 17.58. The market cap for the company is $680m. Company Website: https://www.forestar.com

The potential market cap would be $963m 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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