JPMorgan Chase & Co. Boosts Genuit Group (LON:GEN) Price Target to GBX 465

Genuit Group (LON:GEN) had its price target boosted by research analysts at JPMorgan Chase & Co. from GBX 455 to GBX 465 in a report issued on Thursday, MarketBeat reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 41.98% from the company’s current price.

Several other analysts also recently weighed in on the company. Berenberg Bank dropped their price target on Genuit Group from GBX 540 to GBX 500 and set a “buy” rating on the stock in a research note on Tuesday, November 18th. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 500 target price on shares of Genuit Group in a research report on Tuesday, November 25th. Finally, Jefferies Financial Group upped their price objective on shares of Genuit Group from GBX 508 to GBX 521 and gave the company a “buy” rating in a report on Tuesday, September 30th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Genuit Group presently has an average rating of “Buy” and an average price target of GBX 496.50.

Genuit Group Stock Down 0.2%

Shares of Genuit Group stock opened at GBX 327.50 on Thursday. 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 cap of £814.04 million, a price-to-earnings ratio of 16.88, a PEG ratio of 3.23 and a beta of 1.28. Genuit Group has a 1 year low of GBX 293 and a 1 year high of GBX 423.39. The firm’s 50-day moving average is GBX 351.70 and its two-hundred day moving average is GBX 367.23.

Insider Activity at Genuit Group

In related news, insider Joe Vorih bought 3,000 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were acquired at an average price of GBX 308 per share, for a total transaction of £9,240. Also, insider Kevin Boyd bought 20,000 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were bought at an average cost of GBX 312 per share, with a total value of £62,400. Insiders bought a total of 35,300 shares of company stock worth $10,997,800 over the last 90 days. 4.24% of the stock is owned by insiders.

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.