Genuit Group (LON:GEN) Given Outperform Rating at Royal Bank Of Canada

Genuit Group (LON:GEN)‘s stock had its “outperform” rating reiterated by investment analysts at Royal Bank Of Canada in a report released on Tuesday,Digital Look reports. They currently have a GBX 500 price target on the stock. Royal Bank Of Canada’s target price indicates a potential upside of 52.44% from the stock’s current price.

Several other research firms also recently weighed in on GEN. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Genuit Group in a report on Tuesday, October 28th. Berenberg Bank reduced their price target on Genuit Group from GBX 540 to GBX 500 and set a “buy” rating on the stock in a report on Tuesday, November 18th. Finally, Jefferies Financial Group upped their price objective on Genuit Group from GBX 508 to GBX 521 and gave the company a “buy” rating in a research note on Tuesday, September 30th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, Genuit Group currently has an average rating of “Buy” and a consensus price target of GBX 502.75.

Genuit Group Price Performance

GEN stock traded up GBX 15.50 during trading on Tuesday, reaching GBX 328. 424,067 shares of the company were exchanged, compared to its average volume of 1,292,155. The company has a market capitalization of £815.28 million, a price-to-earnings ratio of 16.91, a P/E/G ratio of 3.23 and a beta of 1.28. The company has a debt-to-equity ratio of 28.10, a current ratio of 1.47 and a quick ratio of 1.07. The company has a 50-day moving average of GBX 353.59 and a two-hundred day moving average of GBX 371.74. Genuit Group has a twelve month low of GBX 293 and a twelve month high of GBX 423.39.

Insider Activity at Genuit Group

In related news, insider Tim Pullen acquired 2,300 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were bought at an average price of GBX 306 per share, with a total value of £7,038. Also, insider Joe Vorih bought 3,000 shares of Genuit Group stock in a transaction dated Monday, November 17th. The stock was purchased at an average price of GBX 308 per share, with a total value of £9,240. Insiders have bought a total of 35,300 shares of company stock worth $10,997,800 over the last three months. 4.24% of the stock is currently owned by company insiders.

About Genuit Group

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.