Foresight Group’s (FSG) “Buy” Rating Reaffirmed at Jefferies Financial Group

Foresight Group (LON:FSG)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday, Marketbeat.com reports. They currently have a GBX 580 target price on the stock. Jefferies Financial Group’s price objective points to a potential upside of 30.34% from the company’s current price.

Several other research analysts have also issued reports on FSG. Berenberg Bank restated a “buy” rating and issued a GBX 560 price target on shares of Foresight Group in a research report on Monday, June 29th. Deutsche Bank Aktiengesellschaft upped their price objective on Foresight Group from GBX 675 to GBX 700 and gave the company a “buy” rating in a report on Wednesday, July 1st. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 620.

Foresight Group Stock Performance

FSG traded up GBX 10.22 during trading on Thursday, reaching GBX 445. 288,092 shares of the company’s stock were exchanged, compared to its average volume of 941,725. The company’s fifty day moving average price is GBX 472.41 and its 200-day moving average price is GBX 437.72. The firm has a market capitalization of £491.16 million, a PE ratio of 11.77 and a beta of 0.61. Foresight Group has a fifty-two week low of GBX 256.76 and a fifty-two week high of GBX 515.

Insider Transactions at Foresight Group

In other news, insider John Le Poidevin bought 19,875 shares of the stock in a transaction on Tuesday, August 11th. The stock was purchased at an average price of GBX 503 per share, with a total value of £99,971.25. Corporate insiders own 33.80% of the company’s stock.

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.