Forterra lifts profit forecasts after housing recovery boosts H1 sales
29th Jul 2025 11:42
(Sharecast News) - Forterra's share price jumped 11% on Tuesday after the building materials group raised full-year targets on the back of a strong first-half performance, with sales surging by a fifth.
Read moreForterra statutory pre-tax profits grow in FY24 despite 'challenging market conditons'
12th Mar 2025 08:06
(Sharecast News) - Building products manufacturer Forterra said on Wednesday that pre-tax profits had grown in FY24 despite ongoing "challenging market conditions".
Read moreForterra confident despite challenging trading conditions
11th Nov 2024 11:12
(Sharecast News) - Clay and concrete building products manufacturer Forterra reported challenging trading conditions for the four months to the end of October on Monday.
Read moreBroker tips: Ibstock, Forterra, Volution
23rd Oct 2024 11:58
(Sharecast News) - Jefferies upgraded both Ibstock and Forterra on Wednesday to 'buy' from 'hold' "given the current compelling demand-supply dynamic in the UK brick sector".
Read moreJefferies upgrades Ibstock, Forterra to 'buy'
23rd Oct 2024 08:12
(Sharecast News) - Jefferies upgraded both Ibstock and Forterra on Wednesday to 'buy' from 'hold' "given the current compelling demand-supply dynamic in the UK brick sector".
Read moreForterra slashes dividend after challenging first half
30th Jul 2024 11:52
(Sharecast News) - Forterra reported a challenging first half on Tuesday, with revenue falling 11.5% year-on-year to £162.1m as the UK brick industry saw a 9% decline in despatches, and its own despatches in line with that trend.
Read moreRBC Capital starts Forterra and Ibstock at 'outperform'
4th Jul 2024 07:14
(Sharecast News) - RBC Capital Markets initiated coverage of the UK's two largest clay brick manufacturers on Thursday - Forterra and Ibstock - both at 'outperform'.
Read moreForterra launches buyback following 'strong' 2021
26th Jan 2022 11:35
(Sharecast News) - Masonry specialist Forterra announced a £40m share buyback on Wednesday, after strong demand throughout 2021 boosted both revenues and cash.
Read moreBerenberg lowers target price on Forterra
26th Nov 2021 10:41
(Sharecast News) - Analysts at Berenberg lowered their target price on construction firm Forterra from 300.0p to 280.0p on Friday, citing "limited" near-term organic upside.
Read moreWednesday broker round-up
10th Mar 2021 13:21
(Sharecast News) - Ultra Electronics: JP Morgan upgrades to overweight with a target price of 2,350p.
Read moreTuesday broker round-up
9th Mar 2021 13:05
(Sharecast News) - Aston Martin: HSBC upgrades to buy with a target price of 2,750p.
Read moreWednesday broker round-up
25th Nov 2020 13:38
(Sharecast News) - Codemasters Group: Berenberg downgrades to hold with a target price of 485p.
Read moreFriday broker round-up
11th Sep 2020 13:47
(Sharecast News) - Vistry: JP Morgan upgrades to neutral with a target price of 670.0p.
Read moreThursday broker round-up
10th Sep 2020 14:21
(Sharecast News) - Hargreaves Lansdown: Deutsche Bank upgrades to hold with a target price of 1,600.0p.
Read moreFriday broker round-up
3rd Jul 2020 13:15
(Sharecast News) - Next: Goldman Sachs downgrades to sell with a target price of 4,400.0p.
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