Deutsche Bank Aktiengesellschaft Issues Pessimistic Forecast for Genuit Group (LON:GEN) Stock Price

Genuit Group (LON:GEN) had its price objective dropped by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 545 to GBX 440 in a research note issued to investors on Tuesday,Digital Look reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 69.23% from the stock’s current price.

GEN has been the subject of a number of other reports. JPMorgan Chase & Co. reduced their target price on shares of Genuit Group from GBX 465 to GBX 440 and set an “overweight” rating for the company in a report on Tuesday. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 332 target price on shares of Genuit Group in a report on Tuesday. Finally, Berenberg Bank reduced their target price on shares of Genuit Group from GBX 500 to GBX 440 and set a “buy” rating for the company in a report on Tuesday. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 430.40.

Genuit Group Price Performance

Shares of LON:GEN opened at GBX 260 on Tuesday. The company has a 50-day simple moving average of GBX 280.55 and a 200-day simple moving average of GBX 317.25. Genuit Group has a one year low of GBX 241 and a one year high of GBX 409. The company has a debt-to-equity ratio of 38.15, a quick ratio of 1.07 and a current ratio of 1.54. The stock has a market capitalization of £654.45 million, a price-to-earnings ratio of 14.61, a PEG ratio of 3.23 and a beta of 1.49.

Genuit Group (LON:GEN) last announced its earnings results on Tuesday, March 10th. The company reported GBX 26 EPS for the quarter. Genuit Group had a net margin of 7.51% and a return on equity of 6.89%. On average, analysts predict that Genuit Group will post 27.6836158 EPS for the current year.

Insider Transactions at Genuit Group

In other news, insider Tim Pullen purchased 2,650 shares of the company’s stock in a transaction dated Thursday, March 19th. The shares were acquired at an average cost of GBX 282 per share, for a total transaction of £7,473. Also, insider Joe Vorih purchased 15,000 shares of the company’s stock in a transaction dated Thursday, March 19th. The shares were purchased at an average price of GBX 281 per share, for a total transaction of £42,150. Insiders own 4.22% of the company’s stock.

Genuit Group Company Profile

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.