Genuit Group (LON:GEN) Stock Rating Upgraded by JPMorgan Chase & Co.

Genuit Group (LON:GEN - Get Free Report) was upgraded by JPMorgan Chase & Co. to an "overweight" rating in a report issued on Wednesday,Digital Look reports. The brokerage presently has a GBX 490 ($6.66) price target on the stock, up from their prior price target of GBX 450 ($6.12). JPMorgan Chase & Co.'s price objective points to a potential upside of 22.35% from the stock's previous close.

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

Genuit Group Stock Performance

Genuit Group stock opened at GBX 400.50 ($5.44) on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.47 and a debt-to-equity ratio of 28.10. The company has a market capitalization of £993.36 million, a P/E ratio of 42.02, a PEG ratio of 3.23 and a beta of 1.28. The stock's 50 day moving average is GBX 392.99 and its 200 day moving average is GBX 375. Genuit Group has a twelve month low of GBX 301 ($4.09) and a twelve month high of GBX 518 ($7.04).

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.

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