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

Genuit Group (LON:GEN - Get Free Report) was upgraded by stock analysts at JPMorgan Chase & Co. to an "overweight" rating in a research report issued on Wednesday, Marketbeat Ratings reports. The firm presently has a GBX 490 ($6.66) price target on the stock, up from their previous price target of GBX 450 ($6.12). JPMorgan Chase & Co.'s target price suggests a potential upside of 24.05% from the company's previous close.

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

Genuit Group Stock Up 4.4%

Shares of LON:GEN traded up GBX 16.50 ($0.22) on Wednesday, hitting GBX 395 ($5.37). 812,570 shares of the company's stock were exchanged, compared to its average volume of 1,331,477. The firm's 50-day moving average is GBX 392.99 and its 200 day moving average is GBX 375. The company has a market capitalization of £979.72 million, a PE ratio of 41.44, a P/E/G ratio of 3.23 and a beta of 1.28. Genuit Group has a 1-year low of GBX 301 ($4.09) and a 1-year high of GBX 518 ($7.04). The company has a debt-to-equity ratio of 28.10, a quick ratio of 1.07 and a current ratio of 1.47.

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.