Genus (LON:GNS) Reaches New 12-Month High - What's Next?

Key Points

• Genus plc's stock reached a new 52-week high of GBX 2,555 ($33.97) during trading, closing at GBX 2,506.57 ($33.33) with a trading volume of 847 shares.
• Analysts have issued a "buy" rating for Genus, with Shore Capital setting a price target of GBX 2,750 ($36.56) and Deutsche Bank raising their target to GBX 2,550 ($33.91).
• The company operates in animal genetics with a market cap of £1.65 billion and offers products through its three segments: Genus PIC, Genus ABS, and Genus Research and Development.

Shares of Genus plc (LON:GNS - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 2,555 ($34.36) and last traded at GBX 2,506.57 ($33.71), with a volume of 847 shares trading hands. The stock had previously closed at GBX 2,495 ($33.56).

Analyst Ratings Changes

GNS has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Genus from GBX 2,250 ($30.26) to GBX 2,550 ($34.30) and gave the stock a "buy" rating in a research note on Tuesday, July 15th. Shore Capital reaffirmed a "buy" rating and issued a GBX 2,750 ($36.99) target price on shares of Genus in a research note on Tuesday, July 15th.

Genus Stock Performance

The firm's 50-day moving average price is GBX 2,194.19 and its 200 day moving average price is GBX 1,974.62. The company has a debt-to-equity ratio of 53.12, a quick ratio of 1.08 and a current ratio of 1.80. The company has a market cap of £1.65 billion, a price-to-earnings ratio of 208.89, a PEG ratio of 2.87 and a beta of 0.37.

About Genus

Genus plc operates as an animal genetics company in North America, Latin America, the United Kingdom, rest of Europe, the Middle East, Russia, Africa, and Asia. The company operates through three segments: Genus PIC, Genus ABS, and Genus Research and Development. It sells breeding pigs and semen to breed pigs with various characteristics for pork production under the PIC brand.