Foresight Group’s (FSG) “Buy” Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their buy rating on shares of Foresight Group (LON:FSG) in a report released on Friday morning, Marketbeat reports. The brokerage currently has a GBX 600 ($7.59) price target on the stock.

Separately, Jefferies Financial Group reaffirmed a buy rating and set a GBX 560 ($7.08) price objective on shares of Foresight Group in a research note on Thursday, April 11th.

Foresight Group Trading Up 1.7 %

FSG stock opened at GBX 478 ($6.05) on Friday. Foresight Group has a one year low of GBX 330 ($4.17) and a one year high of GBX 506 ($6.40). The firm has a market capitalization of £554.58 million, a PE ratio of 2,276.19 and a beta of 0.40. The firm has a 50-day moving average of GBX 453.26 and a two-hundred day moving average of GBX 442.94.

Foresight Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, October 4th. Stockholders of record on Thursday, September 19th will be issued a GBX 15.50 ($0.20) dividend. This is an increase from Foresight Group’s previous dividend of $6.70. The ex-dividend date is Thursday, September 19th. This represents a dividend yield of 3.44%. Foresight Group’s dividend payout ratio is currently 10,476.19%.

About Foresight Group

Foresight Group Holdings Limited operates as an infrastructure and private equity manager in the United Kingdom, Italy, Luxembourg, Ireland, Spain, and Australia. It operates through Infrastructure, Private Equity, and Foresight Capital Management segments. The company involved in the provision of the management of infrastructure assets, private equity investments, and open-ended investment companies for institutional and retail investors.