Foresight Group (LON:FSG) Given “Buy” Rating at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Foresight Group (LON:FSG) in a research report sent to investors on Thursday morning, MarketBeat.com reports. Jefferies Financial Group currently has a GBX 580 price objective on the stock.

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

Foresight Group Trading Down 3.2%

Shares of Foresight Group stock opened at GBX 434.78 on Thursday. The company has a fifty day moving average price of GBX 472.83 and a 200 day moving average price of GBX 437.67. Foresight Group has a twelve month low of GBX 256.76 and a twelve month high of GBX 515. The stock has a market cap of £479.87 million, a price-to-earnings ratio of 11.50 and a beta of 0.61.

Insiders Place Their Bets

In other news, insider John Le Poidevin purchased 19,875 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average cost of GBX 503 per share, with a total value of £99,971.25. 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.