Genuit Group’s (GEN) “Buy” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their buy rating on shares of Genuit Group (LON:GEN) in a research note issued to investors on Wednesday, MarketBeat reports. They currently have a GBX 440 price target on the stock.

A number of other research analysts have also recently issued reports on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 332 target price on shares of Genuit Group in a research note on Tuesday, May 26th. Berenberg Bank restated a “buy” rating and set a GBX 440 price target on shares of Genuit Group in a research report on Wednesday. Finally, JPMorgan Chase & Co. raised their price target on Genuit Group from GBX 440 to GBX 450 and gave the company an “overweight” rating in a report on Wednesday. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 439.20.

Genuit Group Trading Up 0.7%

Shares of Genuit Group stock opened at GBX 285.02 on Wednesday. Genuit Group has a 12-month low of GBX 241 and a 12-month high of GBX 391.50. The stock has a market capitalization of £718.48 million, a P/E ratio of 16.01, a price-to-earnings-growth ratio of 3.23 and a beta of 1.44. The company has a 50-day simple moving average of GBX 273.24 and a 200 day simple moving average of GBX 293.44. 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) last released its quarterly earnings results on Tuesday, August 11th. The company reported GBX 10.50 EPS for the quarter. Genuit Group had a net margin of 5.60% and a return on equity of 5.19%. Research analysts expect that Genuit Group will post 27.6836158 earnings per share for the current fiscal year.

Insider Activity at Genuit Group

In related news, insider Tim Pullen acquired 4,000 shares of the stock in a transaction on Tuesday, May 26th. The stock was purchased at an average price of GBX 259 per share, for a total transaction of £10,360. Also, insider Bronagh Kennedy acquired 9,050 shares of the stock in a transaction on Tuesday, August 11th. The stock was bought at an average price of GBX 296 per share, with a total value of £26,788. Insiders bought 31,850 shares of company stock worth $8,502,800 in the last quarter. Insiders own 4.23% of the company’s stock.

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.