Genuit Group (LON:GEN) Given New GBX 388 Price Target at Jefferies Financial Group

Genuit Group (LON:GEN) had its price objective reduced by Jefferies Financial Group from GBX 394 to GBX 388 in a research note issued to investors on Monday morning, MarketBeat reports. They currently have a buy rating on the stock.

A number of other brokerages have also issued reports on GEN. Berenberg Bank restated a “buy” rating and set a GBX 500 target price on shares of Genuit Group in a research report on Wednesday, March 11th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Genuit Group in a research report on Wednesday, January 7th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of GBX 463.25.

Genuit Group Stock Down 3.5%

Shares of LON GEN opened at GBX 306.80 on Monday. The stock has a market cap of £770.76 million, a PE ratio of 17.24, a price-to-earnings-growth ratio of 3.23 and a beta of 1.60. The company has a quick ratio of 1.07, a current ratio of 1.54 and a debt-to-equity ratio of 38.15. Genuit Group has a 52-week low of GBX 277.50 and a 52-week high of GBX 423.39. The business has a 50-day moving average price of GBX 324.73 and a 200 day moving average price of GBX 334.56.

Genuit Group (LON:GEN) last released its quarterly earnings results on Tuesday, March 10th. The company reported GBX 26 EPS for the quarter. Genuit Group had a return on equity of 6.89% and a net margin of 7.51%. Equities research analysts forecast that Genuit Group will post 27.6836158 earnings per share for the current year.

Insider Activity

In related news, insider Tim Pullen bought 2,650 shares of the stock in a transaction on Thursday, March 19th. The shares were bought at an average cost of GBX 282 per share, for a total transaction of £7,473. Also, insider Joe Vorih purchased 15,000 shares of the stock in a transaction that occurred on Thursday, March 19th. The stock was purchased at an average price of GBX 281 per share, for a total transaction of £42,150. Corporate insiders own 4.22% of the company’s stock.

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.