Genuit Group’s (GEN) “Buy” Rating Reiterated at Jefferies Financial Group

Genuit Group (LON:GEN)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Financial Group in a research note issued to investors on Wednesday, Marketbeat.com reports. They presently have a GBX 366 target price on the stock. Jefferies Financial Group‘s price target indicates a potential upside of 44.21% from the company’s current price.

Other equities research analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 440 price objective on shares of Genuit Group in a research report on Wednesday, August 12th. Berenberg Bank reissued a “buy” rating and set a GBX 440 price target on shares of Genuit Group in a report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. boosted their target price on Genuit Group from GBX 440 to GBX 450 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. Five equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 407.20.

Genuit Group Stock Up 0.7%

GEN opened at GBX 253.80 on Wednesday. The firm has a market cap of £639.77 million, a P/E ratio of 18.94, a price-to-earnings-growth ratio of 3.23 and a beta of 1.38. The company has a debt-to-equity ratio of 36.63, a quick ratio of 1.07 and a current ratio of 1.46. The business has a 50 day moving average price of GBX 273.02 and a 200 day moving average price of GBX 272.47. Genuit Group has a twelve month low of GBX 239.32 and a twelve month high of GBX 391.50.

Genuit Group (LON:GEN) last posted its quarterly earnings data 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%. Research analysts forecast that Genuit Group will post 27.68 EPS for the current year.

Insider Transactions at Genuit Group

In other Genuit Group news, insider Bronagh Kennedy purchased 9,050 shares of the stock in a transaction on Tuesday, August 11th. The shares were purchased at an average cost of GBX 296 per share, for a total transaction of £26,788. 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.