Thu Sep 19 08:22:09 UTC 2024: ## Forterra plc Stock Rises Above 50-Day Moving Average

**LONDON, UK – September 19, 2024** – Forterra plc (LON:FORT) saw its stock price rise above its 50-day moving average on Wednesday, closing at GBX 175.20 ($2.31). The stock hit a daily high of GBX 182.20 ($2.41), surpassing its 50-day moving average of GBX 175.95 ($2.32). Trading volume for the day reached 236,023 shares.

Analysts have differing opinions on Forterra’s future. Berenberg Bank maintains a “hold” rating with a GBX 170 ($2.25) price objective, while Royal Bank of Canada initiated coverage with an “outperform” rating and a GBX 210 ($2.77) price target. Jefferies Financial Group also holds a “hold” rating, but with a lower GBX 162.60 ($2.15) price objective.

Forterra plc specializes in the production and sale of building products in the UK. The company operates through three segments: Bricks, Blocks, and Bespoke Products.

In addition to its stock performance, Forterra recently announced a dividend of GBX 1 ($0.01) per share, payable on October 11th to shareholders of record as of September 19th. The ex-dividend date is also September 19th, resulting in a dividend yield of 0.55%.

**For more information on Forterra plc and to receive daily updates on the company and its stock performance, visit MarketBeat.com.**

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