Genus (LON:GNS) Given “Buy” Rating at Berenberg Bank

Genus (LON:GNS)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a report issued on Tuesday, Digital Look reports. They presently have a GBX 3,350 price objective on the stock. Berenberg Bank’s price objective points to a potential upside of 44.15% from the company’s current price.

Genus Stock Up 1.6%

Shares of Genus stock opened at GBX 2,324 on Tuesday. Genus has a 52-week low of GBX 1,943 and a 52-week high of GBX 3,220. The company has a 50 day moving average of GBX 2,230.35 and a 200 day moving average of GBX 2,277.85. The company has a quick ratio of 1.08, a current ratio of 2.22 and a debt-to-equity ratio of 14.02. The company has a market capitalization of £1.54 billion, a P/E ratio of 5.47, a P/E/G ratio of 2.87 and a beta of 0.90.

Genus (LON:GNS) last released its quarterly earnings data on Thursday, September 10th. The company reported GBX 110.30 earnings per share (EPS) for the quarter. Genus had a return on equity of 44.90% and a net margin of 43.35%. As a group, research analysts forecast that Genus will post 70.96 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Jorgen Kokke sold 50,236 shares of the business’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of GBX 2,151, for a total value of £1,080,576.36. 0.71% of the stock is currently owned by company insiders.

Genus Company Profile

Genus plc operates as an animal genetics company in North America, Latin America, the United Kingdom, rest of Europe, the Middle East, Russia, Africa, and Asia. The company operates through three segments: Genus PIC, Genus ABS, and Genus Research and Development. It sells breeding pigs and semen to breed pigs with various characteristics for pork production under the PIC brand. The company also sells bull semen and embryos to breed calves with various characteristics for milk and beef production under the ABS, Genus, and Bovec brands.