Genus’ (GNS) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Genus (LON:GNS) in a research note issued to investors on Tuesday, MarketBeat.com reports. Berenberg Bank currently has a GBX 3,350 price objective on the stock.

Genus Stock Down 0.9%

Shares of GNS stock opened at GBX 2,146 on Tuesday. The company has a current ratio of 2.25, a quick ratio of 1.08 and a debt-to-equity ratio of 51.73. Genus has a 1 year low of GBX 1,943 and a 1 year high of GBX 3,220. The firm’s fifty day moving average price is GBX 2,231.38 and its two-hundred day moving average price is GBX 2,544.33. The firm has a market capitalization of £1.43 billion, a P/E ratio of 30.23, a PEG ratio of 2.87 and a beta of 0.90.

Insider Transactions at Genus

In related news, insider Celia Baxter purchased 2,336 shares of Genus stock in a transaction that occurred on Friday, June 26th. The stock was purchased at an average cost of GBX 2,140 per share, with a total value of £49,990.40. Also, insider Jorgen Kokke sold 3,450 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of GBX 2,267, for a total value of £78,211.50. 0.71% of the stock is currently owned by 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.