Jefferies Financial Group Boosts Genuit Group (LON:GEN) Price Target to GBX 366

Genuit Group (LON:GEN) had its target price boosted by investment analysts at Jefferies Financial Group from GBX 332 to GBX 366 in a note issued to investors on Wednesday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 26.47% from the stock’s previous close.

Other equities research analysts have also issued reports about the company. 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 report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 440 price objective on shares of Genuit Group in a report on Wednesday. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 440 price objective on shares of Genuit Group in a research note on Wednesday. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of GBX 439.20.

Genuit Group Price Performance

Genuit Group stock opened at GBX 289.40 on Wednesday. The stock has a market cap of £729.51 million, a price-to-earnings ratio of 16.26, a price-to-earnings-growth ratio of 3.23 and a beta of 1.44. The company has a debt-to-equity ratio of 38.15, a current ratio of 1.54 and a quick ratio of 1.07. Genuit Group has a 1 year low of GBX 241 and a 1 year high of GBX 391.50. The firm has a 50-day moving average of GBX 271.39 and a two-hundred day moving average of GBX 294.15.

Genuit Group (LON:GEN) last issued its earnings results on Tuesday, August 11th. The company reported GBX 10.50 EPS for the quarter. Genuit Group had a net margin of 7.51% and a return on equity of 6.89%. On average, research analysts forecast that Genuit Group will post 27.6836158 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Tim Pullen bought 4,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were acquired at an average price of GBX 259 per share, with a total value of £10,360. Also, insider Britta Giesen bought 6,300 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were bought at an average cost of GBX 260 per share, for a total transaction of £16,380. Insiders purchased a total of 22,800 shares of company stock worth $5,824,000 over the last 90 days. Company insiders own 4.23% of the company’s stock.

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.