Genuit Group (LON:GEN) Upgraded at Royal Bank Of Canada

Key Points

• Genuit Group was upgraded to an "outperform" rating by Royal Bank Of Canada, with a price target of GBX 505 ($6.82), indicating a potential upside of 36.86% from its previous close.
• JPMorgan Chase & Co. also raised its rating for Genuit Group to "overweight," increasing its price target from GBX 450 to GBX 490, while Berenberg Bank reaffirmed a "buy" rating with a target of GBX 525.
• Despite the positive ratings, Genuit Group's shares fell slightly, trading down by GBX 0.50 ($0.01) to GBX 369 ($4.98) with a market cap of £915.23 million.

Genuit Group (LON:GEN - Get Free Report) was upgraded by Royal Bank Of Canada to an "outperform" rating in a research note issued on Wednesday, Marketbeat reports. The firm presently has a GBX 505 ($6.82) price target on the stock. Royal Bank Of Canada's target price suggests a potential upside of 36.86% from the stock's previous close.

GEN has been the subject of a number of other reports. JPMorgan Chase & Co. raised Genuit Group to an "overweight" rating and lifted their price objective for the stock from GBX 450 ($6.08) to GBX 490 ($6.62) in a research note on Wednesday, July 9th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 525 ($7.09) price objective on shares of Genuit Group in a research note on Monday, May 19th.

Genuit Group Trading Down 0.1%

Shares of GEN stock traded down GBX 0.50 ($0.01) on Wednesday, reaching GBX 369 ($4.98). 1,257,835 shares of the stock were exchanged, compared to its average volume of 1,257,727. The company has a debt-to-equity ratio of 28.10, a current ratio of 1.47 and a quick ratio of 1.07. Genuit Group has a one year low of GBX 301 ($4.06) and a one year high of GBX 513 ($6.93). The stock has a 50 day moving average price of GBX 389.26 and a 200 day moving average price of GBX 378.48. The stock has a market cap of £915.23 million, a PE ratio of 38.72, a P/E/G ratio of 3.23 and a beta of 1.28.

Genuit Group (LON:GEN - Get Free Report) last announced its quarterly earnings data on Tuesday, August 12th. The company reported GBX 11.60 ($0.16) EPS for the quarter. Genuit Group had a return on equity of 3.74% and a net margin of 4.26%. Equities research analysts forecast that Genuit Group will post 27.6836158 EPS for the current fiscal year.

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.

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