Foresight Group (LON:FSG) Insider John Le Poidevin Acquires 19,875 Shares

Foresight Group Holdings Limited (LON:FSG) insider John Le Poidevin purchased 19,875 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average price of GBX 503 per share, for a total transaction of £99,971.25.

Foresight Group Price Performance

Shares of FSG stock traded up GBX 2.23 during midday trading on Tuesday, hitting GBX 501.73. The company had a trading volume of 681,324 shares, compared to its average volume of 965,435. Foresight Group Holdings Limited has a 52-week low of GBX 256.76 and a 52-week high of GBX 511. The company’s 50 day simple moving average is GBX 452.65 and its 200 day simple moving average is GBX 418.73. The stock has a market cap of £552.64 million, a price-to-earnings ratio of 13.27 and a beta of 0.60.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on FSG shares. Deutsche Bank Aktiengesellschaft increased their price target 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. Berenberg Bank reissued a “buy” rating and issued a GBX 560 price target on shares of Foresight Group in a report on Monday, June 29th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 554.

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.

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.