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Berenberg Bank Reaffirms "Buy" Rating for Foresight Group (LON:FSG)

Foresight Group logo with Financial Services background

Foresight Group (LON:FSG - Get Free Report)'s stock had its "buy" rating reiterated by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Thursday, MarketBeat reports. They currently have a GBX 580 ($7.96) price target on the stock. Berenberg Bank's target price points to a potential upside of 36.79% from the stock's current price.

Foresight Group Price Performance

LON FSG traded up GBX 16 ($0.22) on Thursday, hitting GBX 424 ($5.82). 267,706 shares of the company were exchanged, compared to its average volume of 316,650. The firm has a market capitalization of £487.70 million, a P/E ratio of 19.19 and a beta of 0.44. Foresight Group has a twelve month low of GBX 296 ($4.06) and a twelve month high of GBX 544.99 ($7.48). The company's 50 day moving average price is GBX 389.41 and its 200-day moving average price is GBX 379.71.

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.

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