Genus (LON:GNS) Given Buy Rating at Berenberg Bank

Genus (LON:GNS)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a research note issued to investors on Tuesday, October 13th, Digital Look reports. They presently have a GBX 3,350 price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 50.63% from the company’s previous close.

Genus Price Performance

Shares of GNS stock traded down GBX 54 on Tuesday, reaching GBX 2,224. The company’s stock had a trading volume of 233,816 shares, compared to its average volume of 715,379. The stock’s 50 day simple moving average is GBX 2,230.79 and its 200-day simple moving average is GBX 2,276.33. Genus has a 12-month low of GBX 1,943 and a 12-month high of GBX 3,220. The company has a market capitalization of £1.47 billion, a P/E ratio of 5.23, a PEG ratio of 2.87 and a beta of 0.91. The company has a quick ratio of 1.08, a current ratio of 2.22 and a debt-to-equity ratio of 14.02.

Genus (LON:GNS) last issued its quarterly earnings results on Thursday, September 10th. The company reported GBX 110.30 earnings per share (EPS) for the quarter. Genus had a return on equity of 44.90% and a net margin of 43.35%. As a group, equities analysts predict that Genus will post 70.96 earnings per share for the current fiscal year.

Insider Transactions at Genus

In other Genus news, insider Jorgen Kokke sold 50,236 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of GBX 2,151, for a total transaction of £1,080,576.36. 0.71% of the stock is currently owned by corporate insiders.

About Genus

Genus plc operates as an animal genetics company in North America, Latin America, the United Kingdom, rest of Europe, the Middle East, Russia, Africa, and Asia. The company operates through three segments: Genus PIC, Genus ABS, and Genus Research and Development. It sells breeding pigs and semen to breed pigs with various characteristics for pork production under the PIC brand. The company also sells bull semen and embryos to breed calves with various characteristics for milk and beef production under the ABS, Genus, and Bovec brands.