Genuit Group (LON:GEN) Given New GBX 500 Price Target at Berenberg Bank

Genuit Group (LON:GEN) had its target price decreased by stock analysts at Berenberg Bank from GBX 540 to GBX 500 in a research report issued to clients and investors on Tuesday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 67.50% from the stock’s current price.

A number of other analysts have also recently commented on the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Genuit Group in a research report on Tuesday, October 28th. Jefferies Financial Group lifted their target price on Genuit Group from GBX 508 to GBX 521 and gave the stock a “buy” rating in a report on Tuesday, September 30th. Finally, Royal Bank Of Canada upped their target price on Genuit Group from GBX 505 to GBX 520 and gave the company an “outperform” rating in a research report on Friday, October 3rd. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Genuit Group currently has a consensus rating of “Buy” and an average target price of GBX 507.75.

Genuit Group Stock Performance

Shares of LON:GEN traded down GBX 7.50 on Tuesday, hitting GBX 298.50. 1,233,526 shares of the company were exchanged, compared to its average volume of 1,237,422. The firm has a market capitalization of £741.96 million, a P/E ratio of 15.39, a price-to-earnings-growth ratio of 3.23 and a beta of 1.28. The company has a current ratio of 1.47, a quick ratio of 1.07 and a debt-to-equity ratio of 28.10. Genuit Group has a 1-year low of GBX 295 and a 1-year high of GBX 427. The stock’s 50 day moving average price is GBX 357.16 and its 200 day moving average price is GBX 374.99.

Genuit Group Company Profile

Genuit Group plc is the UK’s largest provider of sustainable water, climate and ventilation products for the built environment. Genuit’s solutions allow customers to mitigate and adapt to the effects of climate change and meet evolving sustainability regulations and targets.

The Group is divided into three Business Units, each of which addresses specific challenges in the built environment:
– Climate Management Solutions – Addressing the drivers for low carbon heating and cooling, and clean and healthy air ventilation.