Genuit Group (LON:GEN) Raised to Overweight at JPMorgan Chase & Co.

Genuit Group (LON:GEN - Get Free Report) was upgraded by analysts at JPMorgan Chase & Co. to an "overweight" rating in a report released on Wednesday, Marketbeat Ratings reports. The firm currently has a GBX 490 ($6.66) target price on the stock, up from their prior target price of GBX 450 ($6.12). JPMorgan Chase & Co.'s target price indicates a potential upside of 25.32% from the company's previous close.

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 525 ($7.14) price objective on shares of Genuit Group in a research report on Monday, May 19th.

Genuit Group Price Performance

Shares of GEN stock traded down GBX 4 ($0.05) during mid-day trading on Wednesday, hitting GBX 391 ($5.31). 667,093 shares of the stock traded hands, compared to its average volume of 1,326,444. Genuit Group has a twelve month low of GBX 301 ($4.09) and a twelve month high of GBX 518 ($7.04). The firm has a market cap of £969.80 million, a price-to-earnings ratio of 41.02, a price-to-earnings-growth ratio of 3.23 and a beta of 1.28. The company's 50-day simple moving average is GBX 393.32 and its 200-day simple moving average is GBX 375.14. 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 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.