Foresight Group (LON:FSG) Receives “Hold” Rating from JPMorgan Chase & Co.

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

Several other analysts also recently weighed in on the company. Peel Hunt reiterated a “buy” rating and set a GBX 480 target price on shares of Foresight Group in a research report on Wednesday, October 8th. Berenberg Bank reiterated a “buy” rating and set a GBX 580 price objective on shares of Foresight Group in a report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 506.67.

Foresight Group Stock Performance

Shares of FSG stock opened at GBX 402.50 on Wednesday. The stock has a 50 day moving average price of GBX 465.55 and a 200 day moving average price of GBX 447.71. Foresight Group has a 52-week low of GBX 296 and a 52-week high of GBX 494. The firm has a market capitalization of £458.87 million, a P/E ratio of 14.38 and a beta of 0.44.

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.