Fletcher Building traded at 3.83 this Wednesday July 22nd, increasing 0.04 or 1.06 percent since the previous trading session. Looking back, over the last four weeks, Fletcher Building gained 14.67 percent. Over the last 12 months, its price rose by 27.24 percent. Looking ahead, we forecast Fletcher Building to be priced at 3.68 by the end of this quarter and at 3.48 in one year, according to Trading Economics global macro models projections and analysts expectations.
Fletcher Building Limited is a holding company. The Company is involved in the manufacturing and distribution of building materials, and residential and commercial construction. Its segments include Building Products, International, Distribution, Residential and Land Development, and Construction. The Building Products segment is a manufacturer, distributor and marketer of building products used both commercially and in residential markets. The International segment includes laminates and panels businesses that manufacture and distribute decorative surface laminates. The Distribution segment consists of building, plumbing, pipeline and steel distribution businesses in Australia and New Zealand. The Residential and Land Development segment develops land holdings for both residential and commercial use, and is a residential home builder. The Construction segment includes Fletcher Construction, a general contractor in New Zealand and the South Pacific.