Foresight Group (LON:FSG) Stock Price Down 0.3% – Should You Sell?

Foresight Group Holdings Limited (LON:FSG) dropped 0.3% during trading on Monday . The stock traded as low as GBX 455 ($6.16) and last traded at GBX 459.50 ($6.22). Approximately 172,315 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 286,100 shares. The stock had previously closed at GBX 461 ($6.24).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 580 target price on shares of Foresight Group in a research note on Thursday, June 26th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 580.

Foresight Group Stock Performance

The firm has a 50 day simple moving average of GBX 453.17 and a 200 day simple moving average of GBX 401.34. The firm has a market cap of £513.52 million, a P/E ratio of 1,641.07 and a beta of 0.44.

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.