Forestar Group Inc – Consensus Indicates Potential 45.5% Upside

Broker Ratings
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Forestar Group Inc found using ticker (FOR) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 18 and 16 with a mean TP of 17. Given that the stocks previous close was at 11.68 this would imply there is a potential upside of 45.5%. The day 50 moving average is 11.61 and the 200 day moving average is 14.95. The company has a market capitalisation of $577m. You can visit the company’s website by visiting: https://www.forestar.com

The potential market cap would be $840m 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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