Genuit Group (LON:GEN) Price Target Raised to GBX 520 at Royal Bank Of Canada

Key Points

• Royal Bank of Canada raised its price target for Genuit Group from GBX 505 to GBX 520, indicating a potential upside of 40.84% based on the current stock price.
• Several other analysts also adjusted their ratings, with JPMorgan Chase & Co., Berenberg Bank, and Jefferies Financial Group all upgrading their price targets and outlook for the stock.
• Genuit Group reported earnings of GBX 11.60 per share for the last quarter, contributing to its increasing analyst ratings and positive market sentiment.

Genuit Group (LON:GEN - Get Free Report) had its target price upped by Royal Bank Of Canada from GBX 505 to GBX 520 in a report released on Friday,Digital Look reports. The firm presently has an "outperform" rating on the stock. Royal Bank Of Canada's target price points to a potential upside of 40.84% from the company's current price.

GEN has been the topic of a number of other research reports. JPMorgan Chase & Co. upgraded shares of Genuit Group to an "overweight" rating and boosted their price target for the stock from GBX 450 to GBX 490 in a research report on Wednesday, July 9th. Berenberg Bank increased their price target on Genuit Group from GBX 525 to GBX 540 and gave the stock a "buy" rating in a report on Tuesday. Finally, Jefferies Financial Group boosted their price objective on Genuit Group from GBX 508 to GBX 521 and gave the company a "buy" rating in a research note on Tuesday. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of GBX 517.75.

Genuit Group Stock Up 1.0%

Shares of LON GEN opened at GBX 369.22 on Friday. Genuit Group has a 1 year low of GBX 301 and a 1 year high of GBX 513. The company has a debt-to-equity ratio of 28.10, a current ratio of 1.47 and a quick ratio of 1.07. The firm has a market cap of £917.74 million, a PE ratio of 1,903.20, a price-to-earnings-growth ratio of 3.23 and a beta of 1.28. The company has a 50 day simple moving average of GBX 359.28 and a 200 day simple moving average of GBX 372.86.

Genuit Group (LON:GEN - Get Free Report) last released 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%. On average, research analysts forecast that Genuit Group will post 27.6836158 EPS for the current year.

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.

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