Genuit Group (LON:GEN) Stock Gets Price Target Trim from Berenberg Bank

Genuit Group (LON:GEN) had its price objective dropped by research analysts at Berenberg Bank from GBX 370 to GBX 320 in a note issued to investors on Friday, London Stock Exchange reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank‘s price target points to a potential upside of 24.51% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on the company. JPMorgan Chase & Co. increased their target price on Genuit Group from GBX 440 to GBX 450 and gave the company an “overweight” rating in a report on Wednesday, August 12th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 366 target price on shares of Genuit Group in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Genuit Group from GBX 440 to GBX 400 and set a “buy” rating for the company in a research note on Wednesday. Five investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of GBX 407.20.

Genuit Group Stock Performance

LON:GEN opened at GBX 257 on Friday. The business has a 50 day moving average of GBX 273.65 and a 200 day moving average of GBX 272.60. The company has a market capitalization of £647.84 million, a price-to-earnings ratio of 19.18, a PEG ratio of 3.23 and a beta of 1.38. Genuit Group has a 1-year low of GBX 239.32 and a 1-year high of GBX 391.50. 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 (LON:GEN) last issued its earnings results on Tuesday, August 11th. The company reported GBX 10.50 earnings per share (EPS) for the quarter. Genuit Group had a return on equity of 5.19% and a net margin of 5.60%. On average, sell-side analysts predict that Genuit Group will post 27.68 earnings per share for the current fiscal year.

Insider Transactions at Genuit Group

In other news, insider Bronagh Kennedy acquired 9,050 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average cost of GBX 296 per share, with a total value of £26,788. 4.23% of the stock is currently owned by 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.