Forterra plc is a leading producer of manufactured masonry products. The Group's core clay bricks and concrete blocks are primarily sold into the new build housing and residential RMI markets. The Group also produces a complementary range of bespoke building products, the most significant being engineered precast concrete flooring solutions. It's products have a broad customer base, comprising builders' merchants, residential homebuilders, specialist brick merchants, contractors and subcontractors and the Group's end market exposure can be divided between the residential new build, residential RMI and commercial construction markets.
08:10 23/11/2018
Broker Forecast - Peel Hunt issues a broker note on Forterra Plc
Peel Hunt today reaffirms its buy investment rating on Forterra Plc (LON:FORT) and cut its price target to 295p (from 350p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk