Foresight Group (LON:FSG) Price Target Lowered to GBX 560 at Berenberg Bank

Foresight Group (LON:FSG) had its price target reduced by Berenberg Bank from GBX 580 to GBX 560 in a research note issued to investors on Tuesday morning,London Stock Exchange reports. Berenberg Bank currently has a buy rating on the stock.

FSG has been the topic of a number of other reports. JPMorgan Chase & Co. restated a “hold” rating and set a GBX 480 target price on shares of Foresight Group in a research report on Wednesday. Peel Hunt restated a “buy” rating and issued a GBX 480 price objective on shares of Foresight Group in a report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 506.67.

Foresight Group Trading Down 1.7%

Shares of FSG traded down GBX 7 during trading hours on Tuesday, hitting GBX 402.50. 684,900 shares of the stock traded hands, compared to its average volume of 413,888. The business has a fifty day moving average of GBX 466.91 and a 200-day moving average of GBX 448.03. The firm has a market capitalization of £458.87 million, a PE ratio of 14.38 and a beta of 0.44. Foresight Group has a 1-year low of GBX 296 and a 1-year high of GBX 494.

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.