Genuit Group (LON:GEN) Shares Up 0.6% - What's Next?

Key Points

• Genuit Group shares rose 0.6% to GBX 289.60 in mid-day trading, although volume was 92% below the average session level.
• Analysts remain bullish: five research firms rate the stock “Buy,” with a consensus price target of GBX 439.20, well above its latest trading price.
• The company reported quarterly EPS of GBX 10.50, while insider Bronagh Kennedy purchased 9,050 shares at GBX 296 each; insiders own 4.23% of the company.

Shares of Genuit Group plc (LON:GEN - Get Free Report) shot up 0.6% during mid-day trading on Monday. The stock traded as high as GBX 295.13 and last traded at GBX 289.60. 414,247 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 4,913,562 shares. The stock had previously closed at GBX 287.80.

Analyst Ratings Changes

A number of research analysts have commented on GEN shares. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 440 target price on shares of Genuit Group in a research note on Wednesday, August 12th. JPMorgan Chase & Co. boosted their price target on shares of Genuit Group from GBX 440 to GBX 450 and gave the company an "overweight" rating in a report on Wednesday, August 12th. Jefferies Financial Group lifted their price target on Genuit Group from GBX 332 to GBX 366 and gave the stock a "buy" rating in a report on Wednesday, August 12th. Finally, Berenberg Bank reissued a "buy" rating and set a GBX 440 target price on shares of Genuit Group in a report on Wednesday, August 12th. Five equities research analysts have rated the stock with a Buy rating. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of GBX 439.20.

Genuit Group Trading Up 0.6%

The company's 50-day simple moving average is GBX 275.44 and its 200 day simple moving average is GBX 273.27. The firm has a market capitalization of £730.01 million, a PE ratio of 21.61, a price-to-earnings-growth ratio of 3.23 and a beta of 1.38. The company has a quick ratio of 1.07, a current ratio of 1.46 and a debt-to-equity ratio of 36.63.

Genuit Group (LON:GEN - Get Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The company reported GBX 10.50 EPS for the quarter. Genuit Group had a return on equity of 5.19% and a net margin of 5.60%. As a group, sell-side analysts expect that Genuit Group plc will post 27.68 EPS for the current year.

Insider Activity

In other news, insider Bronagh Kennedy bought 9,050 shares of the firm's stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of GBX 296 per share, for a total transaction of £26,788. Company insiders own 4.23% of the company's stock.

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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