Genuit Group (LON:GEN) Price Target Cut to GBX 440 by Analysts at Berenberg Bank

Genuit Group (LON:GEN) had its target price reduced by analysts at Berenberg Bank from GBX 500 to GBX 440 in a research report issued on Tuesday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 69.88% from the stock’s current price.

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 388 target price on shares of Genuit Group in a research report on Friday, May 15th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of GBX 448.25.

Genuit Group Price Performance

Genuit Group stock opened at GBX 259 on Tuesday. Genuit Group has a 12-month low of GBX 241 and a 12-month high of GBX 409. The stock has a market capitalization of £651.94 million, a P/E ratio of 14.55, a P/E/G ratio of 3.23 and a beta of 1.49. The firm’s 50-day moving average is GBX 280.55 and its two-hundred day moving average is GBX 317.25. The company has a debt-to-equity ratio of 38.15, a current ratio of 1.54 and a quick ratio of 1.07.

Genuit Group (LON:GEN) last released its earnings results on Tuesday, March 10th. The company reported GBX 26 earnings per share (EPS) for the quarter. Genuit Group had a net margin of 7.51% and a return on equity of 6.89%. Equities analysts predict that Genuit Group will post 27.6836158 earnings per share for the current year.

Insider Activity at Genuit Group

In related news, insider Tim Pullen bought 2,650 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The shares were acquired at an average cost of GBX 282 per share, with a total value of £7,473. Also, insider Joe Vorih bought 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The stock was bought at an average cost of GBX 281 per share, for a total transaction of £42,150. 4.22% of the stock is currently owned by company insiders.

About Genuit Group

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.