Foresight Group (LON:FSG) Given “Buy” Rating at Jefferies Financial Group

Foresight Group (LON:FSG)‘s stock had its “buy” rating restated by equities researchers at Jefferies Financial Group in a research note issued on Thursday,London Stock Exchange reports. They currently have a GBX 550 price objective on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 52.14% from the company’s current price.

Foresight Group Stock Performance

Foresight Group stock traded down GBX 13 during midday trading on Thursday, reaching GBX 361.50. 931,377 shares of the stock were exchanged, compared to its average volume of 1,451,286. The company’s fifty day moving average is GBX 391.18 and its 200-day moving average is GBX 429.06. The firm has a market cap of £407.66 million, a PE ratio of 12.91 and a beta of 0.44. Foresight Group has a 52 week low of GBX 256.76 and a 52 week 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.