Genuit Group (LON:GEN) Price Target Raised to GBX 366

Genuit Group (LON:GEN) had its target price hoisted by Jefferies Financial Group from GBX 332 to GBX 366 in a research report released on Wednesday morning, MarketBeat reports. They currently have a buy rating on the stock.

A number of other equities research analysts also recently issued reports on the stock. JPMorgan Chase & Co. upped their price objective on shares of Genuit Group from GBX 440 to GBX 450 and gave the stock an “overweight” rating in a research report on Wednesday. Berenberg Bank reissued a “buy” rating and set a GBX 440 target price on shares of Genuit Group in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 440 target price on shares of Genuit Group in a research note on Wednesday. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of GBX 439.20.

Genuit Group Stock Performance

LON GEN opened at GBX 285.02 on Wednesday. The company has a fifty day moving average price of GBX 273.24 and a 200-day moving average price of GBX 293.44. The firm has a market cap of £718.48 million, a price-to-earnings ratio of 16.01, a PEG ratio of 3.23 and a beta of 1.44. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.46 and a quick ratio of 1.07. Genuit Group has a 1 year low of GBX 241 and a 1 year high of GBX 391.50.

Genuit Group (LON:GEN) last released its quarterly earnings results on Tuesday, August 11th. The company reported GBX 10.50 earnings per share for the quarter. Genuit Group had a net margin of 5.60% and a return on equity of 5.19%. As a group, equities research analysts predict that Genuit Group will post 27.6836158 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Shatish D. Dasani purchased 12,500 shares of Genuit Group stock in a transaction that occurred on Tuesday, June 2nd. The stock was bought at an average price of GBX 252 per share, for a total transaction of £31,500. Also, insider Bronagh Kennedy acquired 9,050 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average price of GBX 296 per share, with a total value of £26,788. Over the last 90 days, insiders have purchased 31,850 shares of company stock valued at $8,502,800. 4.23% of the stock is currently owned by company insiders.

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.