Foresight Group’s (FSG) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of Foresight Group (LON:FSG) in a research note issued to investors on Thursday morning, Marketbeat reports. They currently have a GBX 580 target price on the stock.

A number of other analysts also recently commented on the stock. Berenberg Bank reissued a “buy” rating and set a GBX 560 price objective on shares of Foresight Group in a report on Monday, June 29th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Foresight Group from GBX 675 to GBX 700 and gave the company a “buy” rating in a report on Wednesday, July 1st. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 620.

Foresight Group Price Performance

LON:FSG opened at GBX 445 on Thursday. Foresight Group has a 12 month low of GBX 256.76 and a 12 month high of GBX 515. The firm has a market capitalization of £491.16 million, a PE ratio of 11.77 and a beta of 0.61. The business’s fifty day moving average price is GBX 472.41 and its 200 day moving average price is GBX 437.72.

Insider Activity

In other Foresight Group news, insider John Le Poidevin acquired 19,875 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average cost of GBX 503 per share, for a total transaction 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.