Foresight Group (LON:FSG) Hits New 1-Year High – Time to Buy?

Foresight Group Holdings Limited (LON:FSGGet Free Report)’s share price hit a new 52-week high on Tuesday . The stock traded as high as GBX 494 and last traded at GBX 493, with a volume of 473587 shares trading hands. The stock had previously closed at GBX 480.51.

Analysts Set New Price Targets

A number of analysts have recently weighed in on FSG shares. Berenberg Bank reiterated a “buy” rating and set a GBX 560 price target on shares of Foresight Group in a research report on Monday, June 29th. Jefferies Financial Group restated a “buy” rating and set a GBX 550 price target on shares of Foresight Group in a research report on Thursday, April 9th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Foresight Group from GBX 675 to GBX 700 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Foresight Group has an average rating of “Moderate Buy” and an average price target of GBX 554.

Read Our Latest Research Report on FSG

Foresight Group Price Performance

The firm has a market capitalization of £546.38 million, a PE ratio of 13.04 and a beta of 0.60. The company has a fifty day moving average of GBX 445.89 and a 200-day moving average of GBX 417.

About Foresight Group

(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.

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.

Further Reading

Receive News & Ratings for Foresight Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Foresight Group and related companies with MarketBeat.com's FREE daily email newsletter.