Foresight Group (LON:FSG) Stock Price Up 1% – What’s Next?

Foresight Group Holdings Limited (LON:FSG)’s share price was up 1% on Friday . The stock traded as high as GBX 502 ($6.71) and last traded at GBX 500 ($6.69). Approximately 901,216 shares were traded during mid-day trading, an increase of 438% from the average daily volume of 167,483 shares. The stock had previously closed at GBX 495 ($6.62).

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 600 ($8.03) price target on shares of Foresight Group in a report on Friday, June 28th.

Foresight Group Stock Up 1.0 %

The stock’s 50-day simple moving average is GBX 512.13 and its two-hundred day simple moving average is GBX 480.53. The company has a market capitalization of £577.95 million, a price-to-earnings ratio of 2,272.73 and a beta of 0.44.

About Foresight Group

Foresight Group Holdings Limited operates as an infrastructure and private equity manager in the United Kingdom, Italy, Luxembourg, Ireland, Spain, and Australia. It operates through Infrastructure, Private Equity, and Foresight Capital Management segments. The company involved in the provision of the management of infrastructure assets, private equity investments, and open-ended investment companies for institutional and retail investors.