Genuit Group (LON:GEN – Get Free Report) had its target price cut by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 440 to GBX 400 in a report released on Wednesday, Digital Look reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 56.25% from the company’s previous close.
Several other equities research analysts also recently issued reports on the stock. Berenberg Bank restated a “buy” rating and set a GBX 440 price objective on shares of Genuit Group in a research report on Wednesday, August 12th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 366 price objective on shares of Genuit Group in a research report on Wednesday. Finally, JPMorgan Chase & Co. upped their target price on Genuit Group from GBX 440 to GBX 450 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. 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 431.20.
Check Out Our Latest Report on Genuit Group
Genuit Group Stock Performance
Genuit Group (LON:GEN – Get Free Report) last issued its earnings results on Tuesday, August 11th. The company reported GBX 10.50 earnings per share (EPS) for the quarter. Genuit Group had a net margin of 5.60% and a return on equity of 5.19%. As a group, research analysts anticipate that Genuit Group will post 27.68 EPS for the current year.
Insider Activity at Genuit Group
In other Genuit Group news, insider Bronagh Kennedy acquired 9,050 shares of Genuit Group stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average price of GBX 296 per share, with a total value of £26,788. Company insiders own 4.23% of the company’s stock.
Key Genuit Group News
Here are the key news stories impacting Genuit Group this week:
- Neutral Sentiment: Genuit reported nine-month revenue of approximately £464.5 million, demonstrating continued trading activity despite difficult conditions. However, the revenue update did not offset concerns about profitability. Genuit Group Cuts 2026 Profit Guidance to £84 Million as Nine-Month Revenue Reaches £464.5 Million
- Neutral Sentiment: The company now expects full-year operating profit of about £84 million, below analyst consensus. Genuit cited a challenging market, subdued customer demand and weather-related disruption, while maintaining its focus on cost control and operational execution. Genuit Group forecasts £84m operating profit amid challenging markets
- Negative Sentiment: Warmer-than-usual conditions reduced demand for heating-related products and affected seasonal sales, directly pressuring revenue mix and earnings. The warning represents a significant reset to investor expectations. Genuit Group: Yorkshire firm sees profits hit by warmer weather and challenging market
- Negative Sentiment: Reports said GEN shares fell heavily following the announcement, as investors assessed the lower earnings outlook and the possibility that weak construction and heating demand could persist. The stock was already trading below its 50-day and 200-day moving averages, increasing downside pressure. Genuit shares fall 14% after profit warning as warm weather hits sales
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.
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