Genuit Group (LON:GEN) Earns "Buy" Rating from Berenberg Bank

Key Points

• Berenberg Bank has reaffirmed its "Buy" rating for Genuit Group (LON:GEN) with a price target of GBX 525, indicating a potential upside of 52.17% from the current stock price.
• Several other analysts, including JPMorgan Chase and Royal Bank of Canada, have also upgraded their ratings and price targets for Genuit Group, reinforcing a consensus average target price of GBX 506.67.
• Genuit Group is positioned as the UK's largest provider of sustainable solutions for the built environment, focusing on climate management and sustainability regulations.

Genuit Group (LON:GEN - Get Free Report)'s stock had its "buy" rating restated by research analysts at Berenberg Bank in a report issued on Monday, Marketbeat.com reports. They presently have a GBX 525 price objective on the stock. Berenberg Bank's target price points to a potential upside of 53.28% from the company's previous close.

Other research analysts have also issued reports about the stock. JPMorgan Chase & Co. upgraded shares of Genuit Group to an "overweight" rating and lifted their price objective for the company from GBX 450 to GBX 490 in a research note on Wednesday, July 9th. Royal Bank Of Canada raised shares of Genuit Group to an "outperform" rating and set a GBX 505 price objective for the company in a research note on Wednesday, August 13th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of GBX 507.

Genuit Group Stock Performance

Shares of GEN stock traded down GBX 1.50 during trading hours on Monday, hitting GBX 342.50. 15,342,797 shares of the company were exchanged, compared to its average volume of 1,279,354. The firm has a fifty day simple moving average of GBX 377.09 and a 200 day simple moving average of GBX 375.21. The company has a current ratio of 1.47, a quick ratio of 1.07 and a debt-to-equity ratio of 28.10. Genuit Group has a 52-week low of GBX 301 and a 52-week high of GBX 513. The stock has a market capitalization of £851.32 million, a price-to-earnings ratio of 1,765.46, a P/E/G ratio of 3.23 and a beta of 1.28.

Genuit Group (LON:GEN - Get Free Report) last issued its quarterly earnings results on Tuesday, August 12th. The company reported GBX 11.60 earnings per share (EPS) for the quarter. Genuit Group had a net margin of 4.26% and a return on equity of 3.74%. Research analysts predict that Genuit Group will post 27.6836158 earnings per share for the current fiscal year.

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.