BidaskClub upgraded shares of Forterra (NASDAQ:FRTA) from a buy rating to a strong-buy rating in a report published on Wednesday.

Other equities analysts also recently issued research reports about the stock. Royal Bank of Canada reiterated a hold rating and issued a $3.50 price target on shares of Forterra in a report on Tuesday, October 10th. ValuEngine downgraded shares of Forterra from a hold rating to a sell rating in a report on Monday, October 2nd. Barclays increased their price target on shares of Forterra from $4.00 to $7.00 and gave the stock an equal weight rating in a report on Tuesday, November 14th. Citigroup increased their price target on shares of Forterra from $4.00 to $9.00 and gave the stock a buy rating in a report on Friday, November 10th. Finally, Zacks Investment Research upgraded shares of Forterra from a hold rating to a buy rating and set a $8.50 price target on the stock in a report on Thursday, November 9th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Forterra has an average rating of Hold and a consensus target price of $11.36.

Forterra (FRTA) opened at $11.01 on Wednesday. Forterra has a fifty-two week low of $3.02 and a fifty-two week high of $20.90. The company has a quick ratio of 1.43, a current ratio of 2.56 and a debt-to-equity ratio of 15.19.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Schwab Charles Investment Management Inc. grew its stake in shares of Forterra by 0.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 68,072 shares of the construction company’s stock worth $561,000 after purchasing an additional 418 shares during the period. Teachers Advisors LLC grew its stake in shares of Forterra by 6.2% during the 2nd quarter. Teachers Advisors LLC now owns 36,867 shares of the construction company’s stock worth $303,000 after purchasing an additional 2,162 shares during the period. TIAA CREF Investment Management LLC grew its stake in shares of Forterra by 6.8% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 47,555 shares of the construction company’s stock worth $391,000 after purchasing an additional 3,012 shares during the period. Rhumbline Advisers grew its stake in shares of Forterra by 28.7% during the 2nd quarter. Rhumbline Advisers now owns 19,598 shares of the construction company’s stock worth $161,000 after purchasing an additional 4,365 shares during the period. Finally, Peregrine Capital Management LLC grew its stake in shares of Forterra by 2.1% during the 3rd quarter. Peregrine Capital Management LLC now owns 491,221 shares of the construction company’s stock worth $2,210,000 after purchasing an additional 10,018 shares during the period. 99.85% of the stock is currently owned by institutional investors and hedge funds.

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