Genus (LON:GNS) Earns Buy Rating from Berenberg Bank

Genus (LON:GNS)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a report issued on Thursday, Digital Look reports. They currently have a GBX 3,350 price target on the stock. Berenberg Bank’s target price indicates a potential upside of 62.95% from the company’s current price.

Genus Price Performance

Genus stock opened at GBX 2,055.83 on Thursday. The stock has a market cap of £1.37 billion, a price-to-earnings ratio of 28.96, a price-to-earnings-growth ratio of 2.87 and a beta of 0.90. The company has a debt-to-equity ratio of 51.73, a current ratio of 2.25 and a quick ratio of 1.08. Genus has a 1 year low of GBX 1,943 and a 1 year high of GBX 3,220. The firm has a 50-day moving average of GBX 2,223.11 and a two-hundred day moving average of GBX 2,382.24.

Genus (LON:GNS) last issued its earnings results on Thursday, September 10th. The company reported GBX 110.30 EPS for the quarter. Genus had a net margin of 7.07% and a return on equity of 9.70%. On average, research analysts forecast that Genus will post 70.9644323 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Celia Baxter bought 2,336 shares of the stock in a transaction on Friday, June 26th. The stock was acquired at an average cost of GBX 2,140 per share, for a total transaction of £49,990.40. 0.71% of the stock is currently owned by company insiders.

About Genus

Genus plc operates as an animal genetics company in North America, Latin America, the United Kingdom, rest of Europe, the Middle East, Russia, Africa, and Asia. The company operates through three segments: Genus PIC, Genus ABS, and Genus Research and Development. It sells breeding pigs and semen to breed pigs with various characteristics for pork production under the PIC brand. The company also sells bull semen and embryos to breed calves with various characteristics for milk and beef production under the ABS, Genus, and Bovec brands.