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Forterra ( (GB:FORT) ) just unveiled an update.
Forterra plc reported a strong start to 2025 with a 22% increase in revenue, driven by improved demand in the housebuilding sector. The company is ramping up production capacity, including at its Desford and Wilnecote facilities, to meet demand and is strategically positioned to benefit from market recovery, despite global economic uncertainties.
The most recent analyst rating on (GB:FORT) stock is a Hold with a £170.00 price target. To see the full list of analyst forecasts on Forterra stock, see the GB:FORT Stock Forecast page.
Spark’s Take on GB:FORT Stock
According to Spark, TipRanks’ AI Analyst, GB:FORT is a Outperform.
Forterra’s overall score is bolstered by positive corporate events and stable technical indicators. The company’s strategic initiatives and improved cash flow generation enhance its outlook, despite challenges in profitability and leverage. Valuation remains fair, with a reasonable P/E ratio and dividend yield. However, the lack of current earnings call data limits a more comprehensive assessment.
To see Spark’s full report on GB:FORT stock, click here.
More about Forterra
Forterra plc is a leading UK manufacturer specializing in essential clay and concrete building products, with a focus on the housebuilding sector.
Average Trading Volume: 619,195
Technical Sentiment Signal: Buy
Current Market Cap: £398.1M
See more insights into FORT stock on TipRanks’ Stock Analysis page.
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