Forestar Group Inc – Consensus Indicates Potential 44.5% Upside

Broker Ratings
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Forestar Group Inc with ticker code (FOR) have now 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 30 and 16.39 with the average target price sitting at 24.1. Given that the stocks previous close was at 16.68 this would indicate that there is a potential upside of 44.5%. The 50 day MA is 17.79 while the 200 day moving average is 19.65. The market cap for the company is $857m. Company Website: https://www.forestar.com

The potential market cap would be $1,239m 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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