Foresight Group (LON:FSG) Receives “Buy” Rating from Berenberg Bank

Foresight Group (LON:FSG)‘s stock had its “buy” rating restated by equities research analysts at Berenberg Bank in a research note issued on Monday,Digital Look reports. They currently have a GBX 560 target price on the stock. Berenberg Bank’s target price would indicate a potential upside of 26.41% from the company’s current price.

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 550 price target on shares of Foresight Group in a report on Thursday, April 9th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Foresight Group has an average rating of “Moderate Buy” and a consensus target price of GBX 517.50.

Foresight Group Price Performance

LON:FSG opened at GBX 443 on Monday. The firm has a market capitalization of £494.10 million, a price-to-earnings ratio of 15.82 and a beta of 0.61. Foresight Group has a 1 year low of GBX 256.76 and a 1 year high of GBX 494. The business has a 50 day simple moving average of GBX 416.19 and a 200-day simple moving average of GBX 409.87.

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.