Genuit Group's (GEN) "Outperform" Rating Reiterated at Royal Bank Of Canada

Key Points

• Genuit Group's stock received an "outperform" rating from Royal Bank Of Canada, with a target price of GBX 505, suggesting a potential upside of 47.23% from its current price.
• Other analysts have shown optimism, with JPMorgan Chase upgrading the stock to an "overweight" rating and raising their price target to GBX 490, while Berenberg Bank set a higher target of GBX 525.
• Currently trading at GBX 343, Genuit Group has a market cap of £852.57 million, with a 12-month price range between GBX 301 and GBX 513.

Genuit Group (LON:GEN - Get Free Report)'s stock had its "outperform" rating reissued by analysts at Royal Bank Of Canada in a research note issued to investors on Wednesday, Marketbeat Ratings reports. They presently have a GBX 505 price objective on the stock. Royal Bank Of Canada's target price points to a potential upside of 45.74% from the company's previous close.

Several other research firms have also recently weighed in on GEN. JPMorgan Chase & Co. raised shares of Genuit Group to an "overweight" rating and increased their price target for the company from GBX 450 to GBX 490 in a report on Wednesday, July 9th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 525 target price on shares of Genuit Group in a report on Monday, September 1st. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Genuit Group has an average rating of "Buy" and an average price target of GBX 507.

Genuit Group Stock Performance

LON:GEN traded up GBX 4 during mid-day trading on Wednesday, hitting GBX 346.50. The stock had a trading volume of 240,075 shares, compared to its average volume of 1,273,346. Genuit Group has a twelve month low of GBX 301 and a twelve month high of GBX 513. The stock has a market cap of £861.27 million, a price-to-earnings ratio of 1,786.08, a PEG ratio of 3.23 and a beta of 1.28. The company's 50 day simple moving average is GBX 377.09 and its 200 day simple moving average is GBX 375.37. The company has a debt-to-equity ratio of 28.10, a quick ratio of 1.07 and a current ratio of 1.47.

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 for the quarter. Genuit Group had a net margin of 4.26% and a return on equity of 3.74%. On average, equities research analysts forecast that Genuit Group will post 27.6836158 earnings per share for the current 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.