Foresight Group (LON:FSG) Price Target Raised to GBX 700 at Deutsche Bank Aktiengesellschaft

Foresight Group (LON:FSG) had its price target increased by Deutsche Bank Aktiengesellschaft from GBX 675 to GBX 700 in a research report issued to clients and investors on Wednesday,Digital Look reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 60.00% from the company’s previous close.

Other analysts also recently issued research reports about the stock. Berenberg Bank reaffirmed a “buy” rating and set a GBX 560 price objective on shares of Foresight Group in a research report on Monday. Jefferies Financial Group reiterated a “buy” rating and set a GBX 550 target price on shares of Foresight Group in a research report on Thursday, April 9th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 554.

Foresight Group Trading Down 0.1%

LON FSG traded down GBX 0.50 during trading hours on Wednesday, hitting GBX 437.50. 147,866 shares of the company’s stock were exchanged, compared to its average volume of 1,104,816. The firm has a market cap of £487.96 million, a price-to-earnings ratio of 15.62 and a beta of 0.56. The stock has a 50-day simple moving average of GBX 417.14 and a 200 day simple moving average of GBX 410.19. Foresight Group has a 1-year low of GBX 256.76 and a 1-year high of GBX 494.

About Foresight Group

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.