Peel Hunt Reaffirms "Buy" Rating for Foresight Group (LON:FSG)

Key Points

• Peel Hunt has reaffirmed a "Buy" rating for Foresight Group, setting a target price of GBX 480, indicating a potential upside of 1.04% from its previous close.
• Berenberg Bank also supports Foresight Group with a "Buy" rating and a target price of GBX 580, contributing to the stock's average target price of GBX 530.
• The current trading price of Foresight Group is GBX 475.05, with a twelve-month high of GBX 512 and a low of GBX 296.

Foresight Group (LON:FSG - Get Free Report)'s stock had its "buy" rating reissued by equities researchers at Peel Hunt in a research report issued on Wednesday, Marketbeat.com reports. They presently have a GBX 480 target price on the stock. Peel Hunt's price objective points to a potential upside of 1.04% from the company's previous close.

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 580 price objective on shares of Foresight Group in a report on Wednesday. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, Foresight Group has an average rating of "Buy" and an average target price of GBX 530.

Foresight Group Trading Down 0.6%

FSG stock opened at GBX 475.05 on Wednesday. Foresight Group has a twelve month low of GBX 296 and a twelve month high of GBX 512. The company has a market capitalization of £542.92 million, a P/E ratio of 1,696.61 and a beta of 0.44. The firm has a 50 day simple moving average of GBX 464.01 and a 200-day simple moving average of GBX 417.54.

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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