Deutsche Bank Aktiengesellschaft Issues Pessimistic Forecast for Genuit Group (LON:GEN) Stock Price

Genuit Group (LON:GEN) had its price target reduced by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 545 to GBX 440 in a report issued on Tuesday,Digital Look reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 69.23% from the company’s current price.

GEN has been the topic of several other reports. Jefferies Financial Group restated a “buy” rating and set a GBX 332 target price on shares of Genuit Group in a research report on Tuesday. Berenberg Bank lowered their target price on shares of Genuit Group from GBX 500 to GBX 440 and set a “buy” rating on the stock in a research report on Tuesday. Finally, JPMorgan Chase & Co. lowered their target price on shares of Genuit Group from GBX 465 to GBX 440 and set an “overweight” rating on the stock in a research report on Tuesday. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 430.40.

Genuit Group Trading Up 0.9%

Shares of GEN opened at GBX 260 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’s 50-day moving average is GBX 280.55 and its two-hundred day moving average is GBX 317.25. Genuit Group has a twelve month low of GBX 241 and a twelve month high of GBX 409. The firm has a market capitalization of £654.45 million, a P/E ratio of 14.61, a PEG ratio of 3.23 and a beta of 1.49.

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

Insider Buying and Selling

In related 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 price of GBX 282 per share, for a total transaction of £7,473. Also, insider Joe Vorih purchased 15,000 shares of the firm’s stock in a transaction on Thursday, March 19th. The stock was bought at an average price of GBX 281 per share, for a total transaction of £42,150. 4.22% of the stock is currently 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.