Insider Buying: Foresight Group (LON:FSG) Insider Buys £99,971.25 in Stock

Foresight Group Holdings Limited (LON:FSG) insider John Le Poidevin purchased 19,875 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average price of GBX 503 per share, for a total transaction of £99,971.25.

Foresight Group Stock Up 0.4%

Shares of FSG stock opened at GBX 501 on Friday. The business’s fifty day moving average is GBX 456.50 and its 200 day moving average is GBX 420.02. The stock has a market cap of £551.84 million, a price-to-earnings ratio of 13.25 and a beta of 0.60. Foresight Group Holdings Limited has a twelve month low of GBX 256.76 and a twelve month high of GBX 511.

Analysts Set New Price Targets

Several research firms recently commented on FSG. Berenberg Bank reissued a “buy” rating and set a GBX 560 price objective on shares of Foresight Group in a research note on Monday, June 29th. Deutsche Bank Aktiengesellschaft lifted 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. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Foresight Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 554.

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.