Genuit Group (LON:GEN) Given New GBX 465 Price Target at JPMorgan Chase & Co.

Genuit Group (LON:GEN) had its target price lifted by JPMorgan Chase & Co. from GBX 455 to GBX 465 in a research report report published on Thursday morning, Marketbeat.com reports. The brokerage currently has an overweight rating on the stock.

A number of other analysts have also recently weighed in on GEN. Berenberg Bank decreased their price target on shares of Genuit Group from GBX 540 to GBX 500 and set a “buy” rating for the company in a research note on Tuesday, November 18th. Jefferies Financial Group upped their target price on shares of Genuit Group from GBX 508 to GBX 521 and gave the company a “buy” rating in a report on Tuesday, September 30th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 500 target price on shares of Genuit Group in a research note on Tuesday, November 25th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of GBX 496.50.

Genuit Group Trading Up 1.1%

GEN opened at GBX 328 on Thursday. The company has a quick ratio of 1.07, a current ratio of 1.47 and a debt-to-equity ratio of 28.10. Genuit Group has a 52 week low of GBX 293 and a 52 week high of GBX 423.39. The business’s 50 day moving average is GBX 351.97 and its two-hundred day moving average is GBX 367.84. The firm has a market cap of £815.28 million, a price-to-earnings ratio of 16.91, a price-to-earnings-growth ratio of 3.23 and a beta of 1.28.

Insiders Place Their Bets

In other Genuit Group news, insider Tim Pullen bought 2,300 shares of the business’s stock in a transaction dated Monday, November 17th. The stock was acquired at an average cost of GBX 306 per share, with a total value of £7,038. Also, insider Kevin Boyd purchased 20,000 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was acquired at an average price of GBX 312 per share, for a total transaction of £62,400. Insiders purchased a total of 35,300 shares of company stock worth $10,997,800 over the last quarter. 4.24% of the stock is owned by company 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.