Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Foresight Group (LON:FSG) Stock

Foresight Group (LON:FSG) had its price objective raised by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 675 to GBX 700 in a research report issued to clients and investors on Wednesday,Digital Look reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 60.00% from the company’s current price.

A number of other equities research analysts have also commented on FSG. Berenberg Bank reiterated a “buy” rating and issued a GBX 560 price target on shares of Foresight Group in a research report on Monday. Jefferies Financial Group restated a “buy” rating and set a GBX 550 price objective on shares of Foresight Group in a research report on Thursday, April 9th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 554.

Foresight Group Price Performance

Shares of Foresight Group stock traded down GBX 0.50 during trading on Wednesday, hitting GBX 437.50. The company’s stock had a trading volume of 147,866 shares, compared to its average volume of 1,104,816. The stock has a market cap of £487.96 million, a price-to-earnings ratio of 15.62 and a beta of 0.56. Foresight Group has a 52 week low of GBX 256.76 and a 52 week high of GBX 494. The stock has a 50-day moving average price of GBX 417.14 and a two-hundred day moving average price of GBX 410.19.

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.