Genus (LON:GNS) Given “Buy” Rating at Berenberg Bank

Genus (LON:GNS)‘s stock had its “buy” rating restated by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Tuesday, Digital Look reports. They currently have a GBX 3,350 price target on the stock. Berenberg Bank’s price objective indicates a potential upside of 45.77% from the company’s previous close.

Genus Stock Up 0.4%

Shares of LON GNS opened at GBX 2,298.06 on Tuesday. The company has a 50 day simple moving average of GBX 2,229.53 and a 200-day simple moving average of GBX 2,279.09. The company has a market capitalization of £1.52 billion, a P/E ratio of 5.41, a P/E/G ratio of 2.87 and a beta of 0.90. The company has a debt-to-equity ratio of 14.02, a current ratio of 2.22 and a quick ratio of 1.08. Genus has a 1 year low of GBX 1,943 and a 1 year high of GBX 3,220.

Genus (LON:GNS) last released its quarterly earnings results on Thursday, September 10th. The company reported GBX 110.30 EPS for the quarter. Genus had a net margin of 43.35% and a return on equity of 44.90%. On average, equities research analysts predict that Genus will post 70.96 earnings per share for the current year.

Insider Buying and Selling at Genus

In other news, insider Jorgen Kokke sold 50,236 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of GBX 2,151, for a total value of £1,080,576.36. 0.71% of the stock is currently owned by corporate insiders.

Genus Company Profile

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.