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

Genuit Group (LON:GEN - Get Free Report) was upgraded by analysts at JPMorgan Chase & Co. to an "overweight" rating in a research report issued to clients and investors on Wednesday, Marketbeat reports. The firm presently has a GBX 490 ($6.66) target price on the stock, up from their prior target price of GBX 450 ($6.11). JPMorgan Chase & Co.'s target price indicates a potential upside of 25.32% from the stock's current price.

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

Genuit Group Stock Performance

GEN traded down GBX 4 ($0.05) during trading on Wednesday, reaching GBX 391 ($5.31). 667,093 shares of the company's stock were exchanged, compared to its average volume of 1,326,444. 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 current ratio of 1.47 and a quick ratio of 1.07. The stock has a market capitalization of £969.80 million, a P/E ratio of 41.02, a price-to-earnings-growth ratio of 3.23 and a beta of 1.28. The company's fifty day simple moving average is GBX 393.49 and its 200-day simple moving average is GBX 375.19.

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.