Foresight Group (LON:FSG) Trading Down 0.8% – Here’s What Happened

Foresight Group Holdings Limited (LON:FSGGet Free Report)’s share price traded down 0.8% on Thursday . The stock traded as low as GBX 469.50 and last traded at GBX 471. 1,815,366 shares traded hands during trading, an increase of 417% from the average session volume of 350,796 shares. The stock had previously closed at GBX 475.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on FSG. Peel Hunt restated a “buy” rating and set a GBX 480 price objective on shares of Foresight Group in a report on Wednesday, October 8th. Berenberg Bank reiterated a “buy” rating and issued a GBX 580 target price on shares of Foresight Group in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Foresight Group presently has a consensus rating of “Buy” and an average target price of GBX 530.

Read Our Latest Research Report on Foresight Group

Foresight Group Price Performance

The company has a 50 day simple moving average of GBX 466.20 and a 200-day simple moving average of GBX 437.96. The firm has a market cap of £534.55 million, a PE ratio of 16.75 and a beta of 0.44.

Foresight Group Company Profile

(Get Free Report)

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.

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