Insider Buying: Genuit Group (LON:GEN) Insider Purchases £31,300 in Stock

Genuit Group plc (LON:GEN) insider Shatish D. Dasani acquired 10,000 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were acquired at an average cost of GBX 313 per share, with a total value of £31,300.

Genuit Group Trading Down 0.5%

LON GEN opened at GBX 301 on Friday. The company has a debt-to-equity ratio of 28.10, a current ratio of 1.47 and a quick ratio of 1.07. The stock has a market capitalization of £748.17 million, a P/E ratio of 15.52, a PEG ratio of 3.23 and a beta of 1.28. The firm’s 50-day moving average is GBX 354.82 and its two-hundred day moving average is GBX 373.34. Genuit Group plc has a 12 month low of GBX 293 and a 12 month high of GBX 423.39.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on GEN. Jefferies Financial Group upped their price objective on shares of Genuit Group from GBX 508 to GBX 521 and gave the stock a “buy” rating in a report on Tuesday, September 30th. Berenberg Bank decreased their price target on Genuit Group from GBX 540 to GBX 500 and set a “buy” rating on the stock in a research note on Tuesday. Royal Bank Of Canada raised their price target on Genuit Group from GBX 505 to GBX 520 and gave the stock an “outperform” rating in a research report on Friday, October 3rd. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Genuit Group in a research note on Tuesday, October 28th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, Genuit Group currently has a consensus rating of “Buy” and an average price target of GBX 507.75.

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.