Jefferies Financial Group Lowers Genuit Group (LON:GEN) Price Target to GBX 388

Genuit Group (LON:GEN) had its price target cut by investment analysts at Jefferies Financial Group from GBX 394 to GBX 388 in a report released on Monday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s target price points to a potential upside of 24.44% from the company’s previous close.

Other equities research analysts have also issued research reports about the stock. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Genuit Group in a research note on Wednesday, January 7th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 500 price objective on shares of Genuit Group in a research note on Wednesday, March 11th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Genuit Group has an average rating of “Buy” and a consensus price target of GBX 463.25.

Genuit Group Stock Down 1.9%

GEN stock opened at GBX 311.80 on Monday. The company has a current ratio of 1.54, a quick ratio of 1.07 and a debt-to-equity ratio of 38.15. Genuit Group has a 1 year low of GBX 277.50 and a 1 year high of GBX 423.39. The company has a fifty day simple moving average of GBX 325.71 and a 200 day simple moving average of GBX 334.97. The firm has a market cap of £783.32 million, a PE ratio of 17.52, a PEG ratio of 3.23 and a beta of 1.60.

Genuit Group (LON:GEN) last released its quarterly earnings data 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%. Sell-side analysts anticipate that Genuit Group will post 27.6836158 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Joe Vorih bought 15,000 shares of the business’s stock in a transaction on Thursday, March 19th. The stock was purchased at an average price of GBX 281 per share, with a total value of £42,150. Also, insider Tim Pullen bought 2,650 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were purchased at an average cost of GBX 282 per share, with a total value of £7,473. 4.22% of the stock is 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.