Forestar Group Inc has a consensus price target of $32.8 based on the ratings of 5 analysts. The high is $43 issued by Citigroup on July 2, 2024. The low is $16 issued by Wells Fargo on June 17, 2022. The 3 most-recent analyst ratings were released by JP Morgan, BTIG, and Citigroup on July 25, 2024, July 19, 2024, and July 2, 2024, respectively. With an average price target of $38.67 between JP Morgan, BTIG, and Citigroup, there's an implied 19.53% upside for Forestar Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Forestar Group (NYSE:FOR) was reported by JP Morgan on July 25, 2024. The analyst firm set a price target for $36.00 expecting FOR to rise to within 12 months (a possible 11.28% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Forestar Group (NYSE:FOR) was provided by JP Morgan, and Forestar Group maintained their neutral rating.
The last upgrade for Forestar Group Inc happened on July 21, 2023 when BTIG raised their price target to $32. BTIG previously had a neutral for Forestar Group Inc.
The last downgrade for Forestar Group Inc happened on July 20, 2022 when BTIG changed their price target from N/A to N/A for Forestar Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Forestar Group, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Forestar Group was filed on July 25, 2024 so you should expect the next rating to be made available sometime around July 25, 2025.
While ratings are subjective and will change, the latest Forestar Group (FOR) rating was a maintained with a price target of $37.50 to $36.00. The current price Forestar Group (FOR) is trading at is $32.35, which is out of the analyst’s predicted range.
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