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

Berenberg Bank reaffirmed their buy rating on shares of Genuit Group (LON:GEN) in a report released on Wednesday,Digital Look reports. Berenberg Bank currently has a GBX 440 price objective on the stock.

Other research analysts have also recently issued reports about the company. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 332 price objective on shares of Genuit Group in a research report on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft dropped their target price on Genuit Group from GBX 545 to GBX 440 and set a “buy” rating on the stock in a research report on Tuesday, May 26th. Finally, JPMorgan Chase & Co. cut their target price on Genuit Group from GBX 465 to GBX 440 and set an “overweight” rating on the stock in a research note on Tuesday, May 26th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 439.20.

Genuit Group Trading Up 0.7%

GEN opened at GBX 285.02 on Wednesday. The stock has a market capitalization of £718.48 million, a P/E ratio of 16.01, a P/E/G ratio of 3.23 and a beta of 1.44. Genuit Group has a 12 month low of GBX 241 and a 12 month high of GBX 391.50. The firm’s fifty day simple moving average is GBX 273.24 and its 200 day simple moving average is GBX 293.44. The company has a current ratio of 1.46, a quick ratio of 1.07 and a debt-to-equity ratio of 36.63.

Genuit Group (LON:GEN) last announced its earnings results on Tuesday, August 11th. The company reported GBX 10.50 earnings per share 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 27.6836158 EPS for the current fiscal year.

Insider Buying and Selling at Genuit Group

In other Genuit Group news, insider Tim Pullen acquired 4,000 shares of Genuit Group stock in a transaction dated Tuesday, May 26th. The stock was bought at an average cost of GBX 259 per share, for a total transaction of £10,360. Also, insider Shatish D. Dasani acquired 12,500 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was bought at an average price of GBX 252 per share, with a total value of £31,500. Insiders have bought a total of 31,850 shares of company stock valued at $8,502,800 over the last quarter. 4.23% of the stock is currently owned by corporate 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.