Jefferies Financial Group Cuts Genuit Group (LON:GEN) Price Target to GBX 388
by Scott Moore · The Cerbat GemGenuit Group (LON:GEN – Free Report) had its price objective cut by Jefferies Financial Group from GBX 394 to GBX 388 in a report published on Monday morning, Marketbeat reports. They currently have a buy rating on the stock.
A number of other research firms have also recently commented on GEN. Berenberg Bank reissued a “buy” rating and issued a GBX 500 price target on shares of Genuit Group in a research note on Wednesday, March 11th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Genuit Group in a report on Wednesday, January 7th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Genuit Group presently has an average rating of “Buy” and an average target price of GBX 463.25.
Read Our Latest Report on Genuit Group
Genuit Group Price Performance
GEN stock opened at GBX 298.40 on Monday. 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 one year low of GBX 277.50 and a one year high of GBX 423.39. The stock has a market cap of £749.65 million, a PE ratio of 16.76, a P/E/G ratio of 3.23 and a beta of 1.60. The firm has a 50 day simple moving average of GBX 321.98 and a two-hundred day simple moving average of GBX 333.78.
Genuit Group (LON:GEN – Get Free Report) last released its quarterly earnings results on Tuesday, March 10th. The company reported GBX 26 EPS for the quarter. Genuit Group had a net margin of 7.51% and a return on equity of 6.89%. On average, analysts predict that Genuit Group will post 27.6836158 EPS for the current fiscal year.
Insider Buying and Selling
In other news, insider Joe Vorih bought 15,000 shares of Genuit Group stock in a transaction on Thursday, March 19th. The shares were purchased at an average price of GBX 281 per share, for a total transaction of £42,150. Also, insider Tim Pullen bought 2,650 shares of Genuit Group stock in a transaction on Thursday, March 19th. The shares were purchased at an average price of GBX 282 per share, for a total transaction of £7,473. 4.22% of the stock is currently owned by corporate insiders.
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.