Genuit Group (LON:GEN) Price Target Cut to GBX 440 by Analysts at Berenberg Bank

Genuit Group (LON:GEN) had its target price decreased by stock analysts at Berenberg Bank from GBX 500 to GBX 440 in a research report issued to clients and investors on Tuesday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 69.88% from the stock’s current price.

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 388 target price on shares of Genuit Group in a report on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of GBX 448.25.

Genuit Group Stock Performance

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

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%. As a group, research analysts expect that Genuit Group will post 27.6836158 earnings per share for the current fiscal year.

Insider Activity

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