Genus (LON:GNS) Stock Rating Reaffirmed as Buy by Berenberg Bank

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

Genus Stock Performance

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

Genus (LON:GNS) last announced its earnings results on Thursday, September 10th. The company reported GBX 110.30 earnings per share (EPS) for the quarter. Genus had a net margin of 43.35% and a return on equity of 44.90%. Sell-side analysts predict that Genus will post 70.96 earnings per share for the current fiscal year.

Insider Buying and Selling at Genus

In other news, insider Jorgen Kokke sold 50,236 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of GBX 2,151, for a total value of £1,080,576.36. Corporate insiders own 0.71% of the company’s stock.

About Genus

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.