3.2% Above Target

Wall Street's consensus price target for FOR is $28.38, -3.2% from its current price of $29.31. The below-market target from 12 analysts suggests limited near-term appreciation.

FOR has a consensus rating of "Buy" based on 12 Wall Street analysts. The rating breakdown is predominantly bullish, with 10 Buy/Strong Buy ratings. The consensus 12-month price target of $28.38 implies -3.2% downside from current levels.

With a forward P/E of 9.8614x, FOR trades at a relatively low valuation. The consensus target of $28.38 implies -3.2% move, suggesting the market may be pricing in risks.

The most bullish Wall Street analyst has a price target of $40 for FOR, while the most conservative target is $13.5. The consensus of $28.38 represents the median expectation. Our quantitative valuation model projects a bull case target of $70 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

FOR is moderately covered, with 12 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 10 have Buy ratings, 2 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month FOR stock forecast based on 12 Wall Street analysts shows a consensus price target of $28.38, with estimates ranging from $13.5 (bear case) to $40 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $53, with bear/bull scenarios of $33/$70.

Our quantitative valuation model calculates FOR's fair value at $53 (base case), with a bear case of $33 and bull case of $70. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 45/100.

FOR trades at a forward P/E ratio of 9.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 8.9x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on FOR, with 0 Sell ratings and a price target of $28.38 (-3.2% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

FOR analyst price targets range from $13.5 to $40, a 93% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $28.38 consensus represents the middle ground. Our model's $33-$70 range provides an independent fundamental perspective.