Foresight Group’s (FSG) Hold Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their hold rating on shares of Foresight Group (LON:FSG) in a research report sent to investors on Wednesday, MarketBeat.com reports. The firm currently has a GBX 480 price target on the stock.

A number of other equities research analysts have also weighed in on FSG. Berenberg Bank reiterated a “buy” rating and issued a GBX 580 price objective on shares of Foresight Group in a research report on Wednesday, October 8th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 480 price target on shares of Foresight Group in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Foresight Group currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 506.67.

Foresight Group Price Performance

Shares of LON:FSG opened at GBX 410 on Wednesday. Foresight Group has a 1 year low of GBX 296 and a 1 year high of GBX 494. The company has a market cap of £469.70 million, a PE ratio of 14.64 and a beta of 0.44. The stock’s 50-day moving average is GBX 463.11 and its 200 day moving average is GBX 447.56.

Insiders Place Their Bets

In related news, insider Geoffrey Gavey acquired 24,700 shares of the stock in a transaction on Wednesday, December 3rd. The stock was acquired at an average price of GBX 405 per share, for a total transaction of £100,035. 32.54% of the stock is currently owned by company insiders.

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.