Key Points
- Insider John Le Poidevin bought 19,875 Foresight Group shares at GBX 503 each, worth approximately £99,971.
- Foresight shares opened at GBX 501.73, near their 52-week high of GBX 511, with a market capitalization of £552.64 million and a P/E ratio of 13.27.
- Analysts maintain a generally positive view, with four Buy ratings and one Hold rating; the average price target is GBX 554, while Deutsche Bank raised its target to GBX 700.
Foresight Group Holdings Limited (LON:FSG - Get Free Report) insider John Le Poidevin purchased 19,875 shares of the stock in a transaction on Tuesday, August 11th. The shares were purchased at an average cost of GBX 503 per share, for a total transaction of £99,971.25.
Foresight Group Stock Performance
FSG opened at GBX 501.73 on Wednesday. Foresight Group Holdings Limited has a fifty-two week low of GBX 256.76 and a fifty-two week high of GBX 511. The firm's fifty day moving average is GBX 453.86 and its 200 day moving average is GBX 419.17. The stock has a market cap of £552.64 million, a price-to-earnings ratio of 13.27 and a beta of 0.60.
Analysts Set New Price Targets
A number of research firms have commented on FSG. Berenberg Bank reissued a "buy" rating and set a GBX 560 price target on shares of Foresight Group in a report on Monday, June 29th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Foresight Group from GBX 675 to GBX 700 and gave the stock a "buy" rating in a report on Wednesday, July 1st. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of GBX 554.
View Our Latest Analysis on Foresight Group
About Foresight Group
(
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.
A constituent of the FTSE 250 index, Foresight's diversified investment strategies combine financial and operational skillsets to maximise asset value and provide attractive returns to its investors.
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