Genuit Group (LON:GEN) Raised to Outperform at Royal Bank Of Canada

Genuit Group (LON:GEN) was upgraded by Royal Bank Of Canada to an “outperform” rating in a note issued to investors on Wednesday, MarketBeat Ratings reports. The firm currently has a GBX 505 ($6.83) target price on the stock. Royal Bank Of Canada’s price objective suggests a potential upside of 39.93% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on the company. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 525 ($7.10) price objective on shares of Genuit Group in a research note on Monday, May 19th. JPMorgan Chase & Co. raised Genuit Group to an “overweight” rating and lifted their price objective for the company from GBX 450 ($6.09) to GBX 490 ($6.63) in a research note on Wednesday, July 9th.

Genuit Group Price Performance

LON:GEN opened at GBX 360.89 ($4.88) on Wednesday. Genuit Group has a 52 week low of GBX 301 ($4.07) and a 52 week high of GBX 513 ($6.94). The company has a quick ratio of 1.07, a current ratio of 1.47 and a debt-to-equity ratio of 28.10. The company has a market capitalization of £895.12 million, a P/E ratio of 37.86, a P/E/G ratio of 3.23 and a beta of 1.28. The stock’s fifty day moving average is GBX 388.16 and its two-hundred day moving average is GBX 378.35.

Genuit Group (LON:GEN) last issued its quarterly earnings data on Tuesday, August 12th. The company reported GBX 11.60 ($0.16) earnings per share for the quarter. Genuit Group had a return on equity of 3.74% and a net margin of 4.26%. Equities analysts expect that Genuit Group will post 27.6836158 EPS for the current year.

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.