Foresight Group's (FSG) "Buy" Rating Reiterated at Berenberg Bank

Key Points

• Foresight Group's stock maintains a "buy" rating from Berenberg Bank, which also set a price target of GBX 580, reflecting a potential upside of 22.62%.
• The stock closed at GBX 473 on Wednesday, with a notable trading volume of 599,881 shares, surpassing the average volume of 331,525.
• Foresight Group has a market cap of £540.57 million and operates as a leading investment manager focused on real assets and capital for growth in the UK, Europe, and Australia.

Foresight Group (LON:FSG - Get Free Report)'s stock had its "buy" rating reiterated by stock analysts at Berenberg Bank in a research note issued on Wednesday,London Stock Exchange reports. They currently have a GBX 580 price target on the stock. Berenberg Bank's price objective indicates a potential upside of 22.62% from the stock's previous close.

Foresight Group Stock Performance

LON:FSG traded up GBX 1 on Wednesday, reaching GBX 473. The company's stock had a trading volume of 599,881 shares, compared to its average volume of 331,525. Foresight Group has a 1-year low of GBX 296 and a 1-year high of GBX 516. The firm has a market cap of £540.57 million, a PE ratio of 1,689.29 and a beta of 0.44. The business's 50-day moving average price is GBX 463.59 and its two-hundred day moving average price is GBX 417.12.

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.

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