Foresight Group (LON:FSG) Stock Keeps Buy Rating at Berenberg Bank

Foresight Group (LON:FSG)‘s stock had its “buy” rating reiterated by Berenberg Bank in a note issued to investors on Thursday, Marketbeat.com reports. They presently have a GBX 720 price target on the stock. Berenberg Bank’s price target points to a potential upside of 61.80% from the company’s previous close.

FSG has been the topic of a number of other research reports. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Foresight Group from GBX 675 to GBX 700 and gave the stock a “buy” rating in a report on Wednesday, July 1st. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 580 target price on shares of Foresight Group in a research report on Thursday. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Foresight Group presently 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 one year low of GBX 256.76 and a one year high of GBX 515. The company has a market cap of £491.16 million, a PE ratio of 11.77 and a beta of 0.61. The firm’s 50 day simple moving average is GBX 472.41 and its 200 day simple moving average is GBX 437.72.

Insider Buying and Selling at Foresight Group

In other Foresight Group news, insider John Le Poidevin acquired 19,875 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were bought at an average cost of GBX 503 per share, with a total value of £99,971.25. Company insiders own 33.80% of the company’s stock.

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.