Foresight Group (LON:FSG) Insider Purchases £99,971.25 in Stock

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

Foresight Group Stock Performance

Shares of LON:FSG traded up GBX 2.23 during trading on Tuesday, reaching GBX 501.73. 681,324 shares of the stock were exchanged, compared to its average volume of 965,435. The firm’s 50-day moving average price is GBX 452.65 and its 200 day moving average price is GBX 418.73. The firm has a market cap of £552.64 million, a price-to-earnings ratio of 13.27 and a beta of 0.60. Foresight Group Holdings Limited has a 12-month low of GBX 256.76 and a 12-month high of GBX 511.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on FSG. Deutsche Bank Aktiengesellschaft upped their price target on shares of Foresight Group from GBX 675 to GBX 700 and gave the stock a “buy” rating in a research 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 554.

Foresight Group Company Profile

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.