Genuit Group (LON:GEN) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Key Points

• Berenberg Bank raised its price target for Genuit Group from GBX 525 to GBX 540, suggesting a potential upside of 48.97% from the stock's previous close.
• According to analysts, Genuit Group holds a consensus rating of "Buy" with an average target price of GBX 514, supported by multiple upgrades from other financial institutions.
• Genuit Group's stock price has recently opened at GBX 362.50, with a market cap of £901.04 million and a reported EPS of GBX 11.60 for the last quarter.

Genuit Group (LON:GEN - Get Free Report) had its price objective upped by equities research analysts at Berenberg Bank from GBX 525 to GBX 540 in a research note issued on Tuesday,Digital Look reports. The firm currently has a "buy" rating on the stock. Berenberg Bank's price objective would suggest a potential upside of 48.97% from the stock's previous close.

A number of other analysts have also issued reports on the company. JPMorgan Chase & Co. raised Genuit Group to an "overweight" rating and boosted their target price for the company from GBX 450 to GBX 490 in a research report on Wednesday, July 9th. Jefferies Financial Group boosted their target price on Genuit Group from GBX 501 to GBX 508 and gave the company a "buy" rating in a research report on Tuesday, September 2nd. Finally, Royal Bank Of Canada reissued an "outperform" rating and issued a GBX 505 target price on shares of Genuit Group in a research report on Wednesday, September 3rd. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of GBX 514.

Genuit Group Stock Up 1.7%

GEN stock opened at GBX 362.50 on Tuesday. The firm has a market cap of £901.04 million, a PE ratio of 1,868.56, a PEG ratio of 3.23 and a beta of 1.28. The company has a debt-to-equity ratio of 28.10, a quick ratio of 1.07 and a current ratio of 1.47. The firm's 50 day moving average price is GBX 361.23 and its 200-day moving average price is GBX 373.07. Genuit Group has a one year low of GBX 301 and a one year high of GBX 513.

Genuit Group (LON:GEN - Get Free Report) last released its quarterly earnings results on Tuesday, August 12th. The company reported GBX 11.60 EPS 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 anticipate 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.