Jefferies Financial Group Reiterates Buy Rating for Genuit Group (LON:GEN)

Genuit Group (LON:GEN)‘s stock had its “buy” rating reissued by Jefferies Financial Group in a research report issued on Friday,London Stock Exchange reports. They currently have a GBX 388 price objective on the stock. Jefferies Financial Group’s price objective points to a potential upside of 55.57% from the stock’s previous close.

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 500 price objective on shares of Genuit Group in a research report on Wednesday, March 11th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 463.25.

Genuit Group Stock Up 0.1%

LON:GEN traded up GBX 0.20 during trading hours on Friday, hitting GBX 249.40. 593,890 shares of the company’s stock traded hands, compared to its average volume of 4,350,218. The firm has a market cap of £627.77 million, a P/E ratio of 14.01, a P/E/G ratio of 3.23 and a beta of 1.49. Genuit Group has a twelve month low of GBX 241 and a twelve month high of GBX 422. The company has a debt-to-equity ratio of 38.15, a quick ratio of 1.07 and a current ratio of 1.54. The stock’s fifty day moving average price is GBX 290.21 and its two-hundred day moving average price is GBX 322.95.

Genuit Group (LON:GEN) last posted its quarterly 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%. On average, research analysts expect that Genuit Group will post 27.6836158 earnings per share for the current fiscal year.

Insider Transactions at Genuit Group

In other Genuit Group news, insider Tim Pullen acquired 2,650 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The stock was acquired at an average price 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 shares were acquired at an average price of GBX 281 per share, with a total value of £42,150. 4.22% of the stock is owned by corporate 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.