Jefferies Financial Group Issues Positive Forecast for Genuit Group (LON:GEN) Stock Price

Key Points

• Jefferies Financial Group has raised the price target for Genuit Group stock from GBX 508 to GBX 521, indicating a potential upside of 43.72% from the current price.
• Multiple analysts have issued positive ratings for Genuit Group, with Berenberg Bank setting a target of GBX 540 and JPMorgan Chase & Co. upgrading to an "overweight" rating with a target of GBX 490.
• Genuit Group reported an EPS of GBX 11.60 for the last quarter, with analysts projecting earnings of approximately 27.68 EPS for the current fiscal year.

Genuit Group (LON:GEN - Get Free Report) had its price target boosted by stock analysts at Jefferies Financial Group from GBX 508 to GBX 521 in a note issued to investors on Tuesday,Digital Look reports. The brokerage presently has a "buy" rating on the stock. Jefferies Financial Group's price target would suggest a potential upside of 43.72% from the company's current price.

GEN has been the subject of several other research reports. Berenberg Bank boosted their price objective on Genuit Group from GBX 525 to GBX 540 and gave the stock a "buy" rating in a report on Tuesday. JPMorgan Chase & Co. raised Genuit Group to an "overweight" rating and boosted their price objective for the stock from GBX 450 to GBX 490 in a report on Wednesday, July 9th. Finally, Royal Bank Of Canada reissued an "outperform" rating and set a GBX 505 price objective on shares of Genuit Group in a report on Wednesday, September 3rd. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of GBX 514.

Genuit Group Stock Up 1.7%

Shares of LON GEN opened at GBX 362.50 on Tuesday. Genuit Group has a 12 month low of GBX 301 and a 12 month high of GBX 513. The company has a current ratio of 1.47, a quick ratio of 1.07 and a debt-to-equity ratio of 28.10. The firm has a market capitalization of £901.04 million, a price-to-earnings ratio of 1,868.56, a PEG ratio of 3.23 and a beta of 1.28. The business has a 50-day moving average of GBX 361.23 and a 200-day moving average of GBX 373.07.

Genuit Group (LON:GEN - Get Free Report) last issued its quarterly earnings data on Tuesday, August 12th. The company reported GBX 11.60 EPS for the quarter. Genuit Group had a return on equity of 3.74% and a net margin of 4.26%. Sell-side analysts expect that Genuit Group will post 27.6836158 earnings per share 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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