Jefferies Financial Group Reaffirms Buy Rating for Genuit Group (LON:GEN)

Genuit Group (LON:GEN)‘s stock had its “buy” rating reissued by equities research analysts at Jefferies Financial Group in a research report issued to clients and investors on Wednesday, Marketbeat reports. They presently have a GBX 366 price objective on the stock. Jefferies Financial Group‘s price objective points to a potential upside of 45.93% from the stock’s current price.

Several other equities analysts have also issued reports on GEN. Berenberg Bank restated a “buy” rating and set a GBX 440 target price on shares of Genuit Group in a research report on Wednesday, August 12th. JPMorgan Chase & Co. lifted their price target on Genuit Group from GBX 440 to GBX 450 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 440 target price on shares of Genuit Group in a research report on Wednesday, August 12th. Five investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat, Genuit Group presently has a consensus rating of “Buy” and an average target price of GBX 407.20.

Genuit Group Stock Down 0.5%

Shares of LON GEN traded down GBX 1.20 during mid-day trading on Wednesday, reaching GBX 250.80. The company had a trading volume of 242,124 shares, compared to its average volume of 4,872,273. The company has a market capitalization of £632.21 million, a price-to-earnings ratio of 18.72, a PEG ratio of 3.23 and a beta of 1.38. The stock has a fifty day moving average of GBX 273.65 and a two-hundred day moving average of GBX 272.60. The company has a debt-to-equity ratio of 36.63, a quick ratio of 1.07 and a current ratio of 1.46. Genuit Group has a 12-month low of GBX 239.32 and a 12-month high of GBX 391.50.

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

Insider Transactions at Genuit Group

In other Genuit Group news, insider Bronagh Kennedy acquired 9,050 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were acquired at an average price of GBX 296 per share, with a total value of £26,788. 4.23% of the stock is owned by corporate 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.