Forterra (LON:FORT) Insider Buys £18,371.94 in Stock

Forterra plc (LON:FORT) insider Gina Jardine bought 13,313 shares of Forterra stock in a transaction that occurred on Tuesday, September 22nd. The stock was bought at an average price of GBX 138 per share, with a total value of £18,371.94.

Forterra Stock Down 0.6%

Shares of Forterra stock opened at GBX 138 on Friday. Forterra plc has a 12-month low of GBX 126.40 and a 12-month high of GBX 200. The company has a quick ratio of 0.82, a current ratio of 1.57 and a debt-to-equity ratio of 43.78. The stock has a 50 day moving average price of GBX 141.08 and a two-hundred day moving average price of GBX 145.89. The stock has a market capitalization of £277.56 million, a P/E ratio of 15.16, a PEG ratio of 0.30 and a beta of 0.73.

Forterra (LON:FORT) last posted its quarterly earnings data on Tuesday, July 28th. The company reported GBX 5.10 earnings per share (EPS) for the quarter. Forterra had a net margin of 5.09% and a return on equity of 7.98%. Equities analysts expect that Forterra plc will post 11.9888346 earnings per share for the current year.

Analyst Ratings Changes

FORT has been the subject of several recent analyst reports. Berenberg Bank restated a “hold” rating and set a GBX 170 target price on shares of Forterra in a research note on Wednesday, July 29th. Jefferies Financial Group upped their price target on Forterra from GBX 160 to GBX 181 and gave the stock a “buy” rating in a report on Monday, August 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 250 price objective on shares of Forterra in a research report on Wednesday, July 29th. Finally, Royal Bank Of Canada dropped their target price on shares of Forterra from GBX 195 to GBX 180 and set an “outperform” rating on the stock in a research report on Wednesday, July 29th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 202.20.

About Forterra

Forterra is a leading UK manufacturer of essential clay and concrete building products, with a unique combination of strong market positions in clay bricks, concrete blocks and precast concrete flooring. Our heritage dates back many decades and the durability, longevity and inherent sustainability of our products is evident in the construction of buildings that last for generations; wherever you are in Britain, you won’t be far from a building with a Forterra product within its fabric.

Our clay brick business combines our extensive secure mineral reserves with modern and efficient high-volume manufacturing processes to produce large quantities of extruded and soft mud bricks, primarily for the new build housing market.