Genus (LON:GNS) Earns Buy Rating from Berenberg Bank

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

Genus Stock Down 1.9%

Shares of GNS stock traded down GBX 44 during mid-day trading on Tuesday, reaching GBX 2,316. 233,796 shares of the company’s stock traded hands, compared to its average volume of 720,583. The company has a market cap of £1.53 billion, a P/E ratio of 5.45, a P/E/G 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 has a 12 month low of GBX 1,943 and a 12 month high of GBX 3,220. The company’s 50-day moving average price is GBX 2,231.55 and its 200-day moving average price is GBX 2,277.89.

Genus (LON:GNS) last released its quarterly earnings data 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%. On average, equities analysts expect that Genus will post 70.96 earnings per share for the current fiscal year.

Insider Buying and Selling at Genus

In related news, insider Jorgen Kokke sold 50,236 shares of Genus stock in a transaction 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 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.