Forestar Group Inc with ticker code (FOR) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 20 and 16 with a mean TP of 18. Now with the previous closing price of 11.5 this would imply there is a potential upside of 56.5%. The day 50 moving average is 13.06 and the 200 moving average now moves to 16.4. The company has a market cap of $569m. Company Website: https://www.forestar.com
The potential market cap would be $891m 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
