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

Genuit Group (LON:GEN - Get Free Report) was upgraded by investment analysts at JPMorgan Chase & Co. to an "overweight" rating in a research note issued on Wednesday, MarketBeat reports. The brokerage currently has a GBX 490 ($6.66) price objective on the stock, up from their previous price objective of GBX 450 ($6.11). JPMorgan Chase & Co.'s price objective points to a potential upside of 26.61% from the company's previous close.

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 525 ($7.13) price objective on shares of Genuit Group in a report on Monday, May 19th.

Genuit Group Price Performance

GEN stock traded down GBX 4 ($0.05) on Wednesday, reaching GBX 387 ($5.26). 381,127 shares of the company's stock were exchanged, compared to its average volume of 1,319,336. The stock has a fifty day moving average of GBX 393.49 and a 200-day moving average of GBX 375.19. 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 £959.88 million, a PE ratio of 40.60, a P/E/G ratio of 3.23 and a beta of 1.28. The company has a quick ratio of 1.07, a current ratio of 1.47 and a debt-to-equity ratio of 28.10.

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.