Genuit Group (LON:GEN) Price Target Raised to GBX 520

Genuit Group (LON:GEN) had its target price boosted by Royal Bank Of Canada from GBX 505 to GBX 520 in a report released on Friday morning, Marketbeat reports. Royal Bank Of Canada currently has an outperform rating on the stock.

Several other analysts have also issued reports on the company. Jefferies Financial Group increased their target price on Genuit Group from GBX 508 to GBX 521 and gave the stock a “buy” rating in a report on Tuesday, September 30th. JPMorgan Chase & Co. raised Genuit Group to an “overweight” rating and increased their target price for the stock from GBX 450 to GBX 490 in a report on Wednesday, July 9th. Finally, Berenberg Bank increased their target price on Genuit Group from GBX 525 to GBX 540 and gave the stock a “buy” rating in a report on Tuesday, September 30th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 517.75.

Genuit Group Stock Up 1.1%

GEN stock opened at GBX 369.50 on Friday. 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 capitalization of £918.44 million, a price-to-earnings ratio of 1,904.64, a PEG ratio of 3.23 and a beta of 1.28. The business’s fifty day moving average price is GBX 358.63 and its two-hundred day moving average price is GBX 372.63. Genuit Group has a fifty-two week low of GBX 301 and a fifty-two week high of GBX 513.

Genuit Group (LON:GEN) last posted its quarterly earnings data on Tuesday, August 12th. The company reported GBX 11.60 earnings per share for the quarter. Genuit Group had a return on equity of 3.74% and a net margin of 4.26%. On average, equities analysts anticipate that Genuit Group will post 27.6836158 earnings per share for the current year.

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.