Genuit Group (LON:GEN) Price Target Raised to GBX 450 at JPMorgan Chase & Co.

Genuit Group (LON:GEN) had its price objective increased by equities researchers at JPMorgan Chase & Co. from GBX 440 to GBX 450 in a research report issued to clients and investors on Wednesday,Digital Look reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 56.58% from the stock’s current price.

Other equities research analysts also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Genuit Group from GBX 545 to GBX 440 and set a “buy” rating on the stock in a report on Tuesday, May 26th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 440 price objective on shares of Genuit Group in a research note on Wednesday. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 332 target price on shares of Genuit Group in a report on Tuesday, May 26th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Genuit Group presently has an average rating of “Buy” and an average price target of GBX 432.40.

Genuit Group Stock Down 0.2%

Shares of LON GEN opened at GBX 287.40 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.54 and a debt-to-equity ratio of 38.15. The company has a market cap of £724.47 million, a P/E ratio of 16.15, a P/E/G ratio of 3.23 and a beta of 1.44. Genuit Group has a 52 week low of GBX 241 and a 52 week high of GBX 391.50. The business has a 50-day simple moving average of GBX 271.39 and a two-hundred day simple moving average of GBX 294.15.

Insider Buying and Selling

In other news, insider Tim Pullen bought 4,000 shares of Genuit Group stock in a transaction that occurred on Tuesday, May 26th. The shares were acquired at an average price of GBX 259 per share, with a total value of £10,360. Also, insider Shatish D. Dasani purchased 12,500 shares of the stock in a transaction on Tuesday, June 2nd. The shares were purchased at an average price of GBX 252 per share, for a total transaction of £31,500. Over the last ninety days, insiders purchased 22,800 shares of company stock worth $5,824,000. Corporate insiders own 4.23% of the company’s stock.

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.