Genuit Group (LON:GEN) Sets New 1-Year Low – Here’s What Happened

Shares of Genuit Group plc (LON:GEN – Get Free Report) hit a new 52-week low during trading on Tuesday. The company traded as low as GBX 239.32 and last traded at GBX 240.40, with a volume of 7,945,197 shares traded. The stock had previously closed at GBX 289.60.

Analysts Set New Price Targets

Several equities analysts have weighed in on GEN shares. JPMorgan Chase & Co. boosted their target price 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 increased their price target on shares of Genuit Group from GBX 332 to GBX 366 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Berenberg Bank restated a “buy” rating and set a GBX 440 price target on shares of Genuit Group in a report on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 440 price target on shares of Genuit Group in a research report on Wednesday, August 12th. Five analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of GBX 439.20.

View Our Latest Report on Genuit Group

Genuit Group Price Performance

The stock has a 50-day simple moving average of GBX 275.44 and a 200 day simple moving average of GBX 273.27. The company has a market cap of £625.92 million, a PE ratio of 18.53, a P/E/G 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 released its quarterly earnings results on Tuesday, August 11th. The company reported GBX 10.50 earnings per share for the quarter. Genuit Group had a return on equity of 5.19% and a net margin of 5.60%. Equities analysts expect that Genuit Group plc will post 27.68 EPS for the current year.

Insider Transactions at Genuit Group

In related 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 price of GBX 296 per share, with a total value of £26,788. Company insiders own 4.23% of the company’s stock.

About Genuit Group

(Get Free Report)

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.

Further Reading

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