Genuit Group’s (GEN) Outperform Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reiterated their outperform rating on shares of Genuit Group (LON:GEN) in a research note published on Tuesday morning, Marketbeat Ratings reports. Royal Bank Of Canada currently has a GBX 500 target price on the stock.

A number of other equities research analysts have also recently issued reports on GEN. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Genuit Group in a report on Tuesday, October 28th. Berenberg Bank decreased their price target on Genuit Group from GBX 540 to GBX 500 and set a “buy” rating for the company in a research note on Tuesday, November 18th. Finally, Jefferies Financial Group increased their price objective on Genuit Group from GBX 508 to GBX 521 and gave the company a “buy” rating in a report on Tuesday, September 30th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 502.75.

Genuit Group Stock Performance

GEN stock opened at GBX 330.53 on Tuesday. The firm has a 50 day moving average of GBX 352.80 and a two-hundred day moving average of GBX 370.49. Genuit Group has a 12 month low of GBX 293 and a 12 month high of GBX 423.39. The company has a market capitalization of £821.56 million, a price-to-earnings ratio of 17.04, a P/E/G ratio of 3.23 and a beta of 1.28. The company has a quick ratio of 1.07, a current ratio of 1.47 and a debt-to-equity ratio of 28.10.

Insiders Place Their Bets

In other Genuit Group news, insider Kevin Boyd bought 20,000 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was purchased at an average price of GBX 312 per share, for a total transaction of £62,400. Also, insider Joe Vorih bought 3,000 shares of the stock in a transaction on Monday, November 17th. The stock was acquired at an average cost of GBX 308 per share, for a total transaction of £9,240. In the last ninety days, insiders purchased 35,300 shares of company stock valued at $10,997,800. 4.24% of the stock is owned by company insiders.

About Genuit Group

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.