Berenberg Bank Reiterates “Buy” Rating for Genus (LON:GNS)

Genus (LON:GNS)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a report released on Thursday, MarketBeat.com reports. They currently have a GBX 3,350 price objective on the stock. Berenberg Bank’s price target would indicate a potential upside of 6.50% from the stock’s current price.

Several other equities research analysts also recently weighed in on GNS. Shore Capital reissued a “buy” rating and issued a GBX 3,000 target price on shares of Genus in a research note on Friday, January 16th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Genus from GBX 3,100 to GBX 3,300 and gave the company a “buy” rating in a report on Friday, January 16th. Three 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 3,216.67.

Genus Trading Up 2.8%

Shares of LON GNS traded up GBX 85.43 during trading hours on Thursday, hitting GBX 3,145.43. 92,169 shares of the company traded hands, compared to its average volume of 438,340. The company’s 50 day moving average price is GBX 2,675.96 and its 200 day moving average price is GBX 2,577.74. Genus has a 12 month low of GBX 1,548 and a 12 month high of GBX 3,228.80. The stock has a market capitalization of £2.09 billion, a price-to-earnings ratio of 108.84, a price-to-earnings-growth ratio of 2.87 and a beta of 0.37. The company has a current ratio of 1.80, a quick ratio of 1.08 and a debt-to-equity ratio of 53.12.

About Genus

Genus plc operates as an animal genetics company in North America, Latin America, the United Kingdom, rest of Europe, the Middle East, Russia, Africa, and Asia. The company operates through three segments: Genus PIC, Genus ABS, and Genus Research and Development. It sells breeding pigs and semen to breed pigs with various characteristics for pork production under the PIC brand. The company also sells bull semen and embryos to breed calves with various characteristics for milk and beef production under the ABS, Genus, and Bovec brands.