Genuit Group’s (GEN) “Buy” Rating Reiterated at Berenberg Bank

Genuit Group (LON:GEN)‘s stock had its “buy” rating restated by stock analysts at Berenberg Bank in a report released on Wednesday,Digital Look reports. They currently have a GBX 440 price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 53.10% from the stock’s current price.

A number of other research firms have also recently issued reports on GEN. JPMorgan Chase & Co. lowered their price objective on Genuit Group from GBX 465 to GBX 440 and set an “overweight” rating on the stock in a research report on Tuesday, May 26th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 332 target price on shares of Genuit Group in a research report on Tuesday, May 26th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Genuit Group from GBX 545 to GBX 440 and set a “buy” rating on the stock in a research note on Tuesday, May 26th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Genuit Group currently has an average rating of “Buy” and a consensus price target of GBX 432.40.

Genuit Group Price Performance

Shares of GEN stock opened at GBX 287.40 on Wednesday. The stock has a 50 day moving average of GBX 271.39 and a two-hundred day moving average of GBX 294.15. The company has a current ratio of 1.54, a quick ratio of 1.07 and a debt-to-equity ratio of 38.15. Genuit Group has a 12 month low of GBX 241 and a 12 month high of GBX 391.50. The company has a market capitalization of £724.47 million, a P/E ratio of 16.15, a P/E/G ratio of 3.23 and a beta of 1.44.

Insiders Place Their Bets

In related news, insider Britta Giesen acquired 6,300 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were bought at an average cost of GBX 260 per share, with a total value of £16,380. Also, insider Shatish D. Dasani acquired 12,500 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were bought at an average cost of GBX 252 per share, for a total transaction of £31,500. Insiders acquired a total of 22,800 shares of company stock worth $5,824,000 over the last quarter. Company insiders own 4.23% of the company’s stock.

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.