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

Foresight Group (LON:FSG)‘s stock had its “buy” rating reaffirmed by analysts at Berenberg Bank in a report released on Monday,Digital Look reports. They presently have a GBX 560 target price on the stock. Berenberg Bank’s price objective indicates a potential upside of 26.41% from the company’s previous close.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 550 target price on shares of Foresight Group in a research note on Thursday, April 9th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 517.50.

Foresight Group Price Performance

Shares of FSG opened at GBX 443 on Monday. The firm has a market cap of £494.10 million, a P/E ratio of 15.82 and a beta of 0.61. Foresight Group has a 1 year low of GBX 256.76 and a 1 year high of GBX 494. The company has a 50 day simple moving average of GBX 416.19 and a two-hundred day simple moving average of GBX 409.87.

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.