Genus (LON:GNS) had its price target lifted by HSBC from GBX 3,000 ($39.20) to GBX 3,260 ($42.60) in a research report sent to investors on Wednesday, ThisIsMoney.Co.Uk reports. They currently have a buy rating on the stock.
Several other research analysts have also recently issued reports on the company. Liberum Capital reaffirmed a buy rating on shares of Genus in a research report on Monday, October 21st. Peel Hunt reaffirmed a buy rating and set a GBX 3,200 ($41.81) target price on shares of Genus in a research report on Wednesday, September 11th. Finally, Peel Hunt reaffirmed a buy rating and set a GBX 3,200 ($41.81) target price on shares of Genus in a research report on Monday, November 11th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Genus has a consensus rating of Buy and an average target price of GBX 3,006.71 ($39.29).
Shares of LON:GNS traded down GBX 24 ($0.31) during mid-day trading on Wednesday, hitting GBX 3,076 ($40.19). 73,070 shares of the company traded hands, compared to its average volume of 78,154. The stock has a market cap of $1.97 billion and a P/E ratio of 258.49. The company has a current ratio of 2.01, a quick ratio of 1.19 and a debt-to-equity ratio of 21.92. Genus has a 12-month low of GBX 2,090 ($27.31) and a 12-month high of GBX 3,215.60 ($42.02). The stock has a 50-day moving average price of GBX 2,944.51 and a two-hundred day moving average price of GBX 2,706.43.
The firm also recently disclosed a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 7th will be given a GBX 18.80 ($0.25) dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a yield of 0.68%. This is a boost from Genus’s previous dividend of $8.90. Genus’s payout ratio is currently 2.35%.
In other Genus news, insider Stephen Wilson sold 13,095 shares of the business’s stock in a transaction on Friday, September 20th. The stock was sold at an average price of GBX 2,960 ($38.68), for a total value of £387,612 ($506,483.73). Also, insider Dan Hartley sold 7,267 shares of the business’s stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of GBX 2,894 ($37.82), for a total value of £210,306.98 ($274,803.32). In the last three months, insiders sold 21,660 shares of company stock worth $63,501,582.
Genus Company Profile
Genus plc operates as an animal genetics company in North America, Latin America, rest of Europe, the Middle East, Africa, and Asia. The company operates through three segments: Genus PIC, Genus ABS, and Research and Development. It sells sows, boars, and semen to breed pigs with various characteristics for pork production under the PIC brand.
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