Genus (LON:GNS) Stock Keeps “Buy” Rating at Berenberg Bank

Genus (LON:GNS)‘s stock had its “buy” rating reiterated by analysts at Berenberg Bank in a research note issued on Tuesday, Digital Look reports. They presently have a GBX 3,350 target price on the stock. Berenberg Bank’s price objective would indicate a potential upside of 44.65% from the company’s previous close.

Genus Price Performance

Shares of LON:GNS traded down GBX 44 during trading on Tuesday, reaching GBX 2,316. The company had a trading volume of 233,796 shares, compared to its average volume of 720,583. The firm has a market capitalization of £1.53 billion, a PE ratio of 5.45, a price-to-earnings-growth ratio of 2.87 and a beta of 0.91. The company has a debt-to-equity ratio of 14.02, a quick ratio of 1.08 and a current ratio of 2.22. Genus has a twelve month low of GBX 1,943 and a twelve month high of GBX 3,220. The firm’s fifty day moving average is GBX 2,231.55 and its 200 day moving average is GBX 2,277.89.

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

Insiders Place Their Bets

In other news, insider Jorgen Kokke sold 50,236 shares of the firm’s stock in a transaction dated Monday, September 14th. The stock was 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 insiders.

Genus Company Profile

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.