Forestar Group Inc – Consensus Indicates Potential 54.8% Upside

Broker Ratings
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Forestar Group Inc with ticker code (FOR) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 25 and 16 with the average target price sitting at 19.67. Given that the stocks previous close was at 12.71 this indicates there is a potential upside of 54.8%. There is a 50 day moving average of 13.92 while the 200 day moving average is 17.4. The company has a market cap of $625m. You can visit the company’s website by visiting: https://www.forestar.com

The potential market cap would be $968m 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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