Foresight Group’s (FSG) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Foresight Group (LON:FSG) in a report published on Thursday morning, MarketBeat reports. They currently have a GBX 720 target price on the stock.

Other equities analysts have also issued research reports about the stock. Jefferies Financial Group restated a “buy” rating and set a GBX 580 target price on shares of Foresight Group in a research report on Thursday. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Foresight Group from GBX 675 to GBX 700 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 620.

Foresight Group Price Performance

Shares of LON:FSG opened at GBX 445 on Thursday. Foresight Group has a 1 year low of GBX 256.76 and a 1 year high of GBX 515. The stock’s fifty day moving average price is GBX 472.41 and its 200-day moving average price is GBX 437.72. The company has a market cap of £491.16 million, a P/E ratio of 11.77 and a beta of 0.61.

Insider Activity

In other news, insider John Le Poidevin acquired 19,875 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average cost of GBX 503 per share, with a total value of £99,971.25. 33.80% of the stock is owned by company insiders.

Foresight Group Company Profile

Founded in 1984, Foresight is a leading investment manager in real assets and capital for growth, operating across UK, Europe, and Australia.

With decades of experience, Foresight offers investors access to attractive investment opportunities at the forefront of change. Foresight actively builds and grows investment solutions to support the energy transition, decarbonise industry, enhance nature recovery and realise the economic potential of ambitious companies.

A constituent of the FTSE 250 index, Foresight’s diversified investment strategies combine financial and operational skillsets to maximise asset value and provide attractive returns to its investors.