Forestar Group Inc with ticker code (FOR) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 30 and 22 calculating the mean target price we have 26.75. Given that the stocks previous close was at 16.66 this is indicating there is a potential upside of 60.6%. The day 50 moving average is 18.05 and the 200 day MA is 19.74. The company has a market capitalisation of $814m. You can visit the company’s website by visiting: https://www.forestar.com
The potential market cap would be $1,307m 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
