Foresight Group (LON:FSG) Stock Price Up 0.7% – Here’s Why

Foresight Group Holdings Limited (LON:FSGGet Free Report)’s stock price rose 0.7% on Monday . The company traded as high as GBX 446.50 and last traded at GBX 435. Approximately 528,458 shares traded hands during trading, a decline of 52% from the average daily volume of 1,104,085 shares. The stock had previously closed at GBX 432.

Analysts Set New Price Targets

FSG has been the subject of a number of research reports. Berenberg Bank restated a “buy” rating and set a GBX 560 target price on shares of Foresight Group in a report on Thursday, June 11th. Jefferies Financial Group restated a “buy” rating and set a GBX 550 price target on shares of Foresight Group in a report on Thursday, April 9th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 517.50.

View Our Latest Analysis on FSG

Foresight Group Price Performance

The stock’s fifty day moving average price is GBX 411.53 and its 200-day moving average price is GBX 410.31. The firm has a market cap of £480.15 million, a price-to-earnings ratio of 15.38 and a beta of 0.61.

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.

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.

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