Forestar Group Stock Rating Upgraded by Zacks (FOR)
Forestar Group (NYSE:FOR) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued to investors on Tuesday, AnalystRatings.Net reports. The firm currently has a $20.80 target price on the stock. Zacks‘ price objective indicates a potential upside of 9.19% from the company’s current price.
FOR has been the subject of a number of other recent research reports. Analysts at TheStreet upgraded shares of Forestar Group from a “hold” rating to a “buy” rating in a research note to investors on Thursday, January 23rd. Finally, analysts at Sidoti initiated coverage on shares of Forestar Group in a research note to investors on Tuesday, December 24th. They set a “buy” rating on the stock. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $25.27.
Forestar Group (NYSE:FOR) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.16 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.19 by $0.03.
Forestar Group Inc (NYSE:FOR) is a real estate and natural resources company.
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