JPMorgan Chase & Co. Cuts Genuit Group (LON:GEN) Price Target to GBX 440

Genuit Group (LON:GEN) had its price objective dropped by JPMorgan Chase & Co. from GBX 465 to GBX 440 in a research report issued on Tuesday,Digital Look reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 69.88% from the company’s current price.

A number of other research analysts have also recently commented on GEN. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 388 target price on shares of Genuit Group in a research report on Friday, May 15th. Berenberg Bank decreased their price objective on shares of Genuit Group from GBX 500 to GBX 440 and set a “buy” rating on the stock in a report on Tuesday. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 442.

Genuit Group Stock Performance

LON:GEN opened at GBX 259 on Tuesday. The company has a debt-to-equity ratio of 38.15, a current ratio of 1.54 and a quick ratio of 1.07. The firm has a market capitalization of £651.94 million, a price-to-earnings ratio of 14.55, a PEG ratio of 3.23 and a beta of 1.49. The company’s 50-day moving average is GBX 280.55 and its two-hundred day moving average is GBX 317.25. Genuit Group has a 1-year low of GBX 241 and a 1-year high of GBX 409.

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

Insider Buying and Selling

In other Genuit Group news, insider Tim Pullen bought 2,650 shares of Genuit Group stock in a transaction on Thursday, March 19th. The shares were bought at an average cost of GBX 282 per share, for a total transaction of £7,473. Also, insider Joe Vorih bought 15,000 shares of Genuit Group stock in a transaction on Thursday, March 19th. The shares were acquired at an average price of GBX 281 per share, for a total transaction of £42,150. 4.22% of the stock is owned by corporate 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.