Foresight Group (LON:FSG) Insider Buys £100,035 in Stock

Foresight Group Holdings Limited (LON:FSG) insider Geoffrey Gavey purchased 24,700 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The shares were acquired at an average cost of GBX 405 per share, with a total value of £100,035.

Foresight Group Trading Up 0.5%

Foresight Group stock opened at GBX 410 on Friday. The company has a market capitalization of £469.70 million, a price-to-earnings ratio of 14.64 and a beta of 0.44. The business’s fifty day simple moving average is GBX 463.11 and its two-hundred day simple moving average is GBX 447.92. Foresight Group Holdings Limited has a 12 month low of GBX 296 and a 12 month high of GBX 494.

Analysts Set New Price Targets

FSG has been the subject of a number of analyst reports. Peel Hunt restated a “buy” rating and issued a GBX 480 price objective on shares of Foresight Group in a research note on Wednesday, October 8th. JPMorgan Chase & Co. reaffirmed a “hold” rating and issued a GBX 480 price target on shares of Foresight Group in a research report on Wednesday. Finally, Berenberg Bank dropped their price objective on Foresight Group from GBX 580 to GBX 560 and set a “buy” rating on the stock in a research note on Tuesday, December 2nd. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 506.67.

About Foresight Group

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.