Genuit Group (LON:GEN) Stock Rating Reaffirmed by Berenberg Bank

Genuit Group (LON:GEN – Get Rating)‘s stock had its “buy” rating reiterated by research analysts at Berenberg Bank in a research note issued on Wednesday, MarketBeat Ratings reports. They presently have a GBX 370 ($4.51) price objective on the stock. Berenberg Bank’s price target would indicate a potential upside of 39.10% from the company’s previous close.

A number of other research analysts also recently issued reports on the company. Shore Capital restated a “hold” rating on shares of Genuit Group in a research note on Tuesday. Peel Hunt restated an “add” rating and set a GBX 350 ($4.27) price target on shares of Genuit Group in a research note on Tuesday.

Genuit Group Price Performance

Shares of LON GEN opened at GBX 266 ($3.24) on Wednesday. The company has a debt-to-equity ratio of 38.37, a quick ratio of 1.07 and a current ratio of 1.77. Genuit Group has a fifty-two week low of GBX 244 ($2.97) and a fifty-two week high of GBX 542 ($6.61). The firm has a market capitalization of £662.79 million, a PE ratio of 1,400.00, a price-to-earnings-growth ratio of 3.23 and a beta of 1.22. The stock’s 50-day simple moving average is GBX 314.85 and its 200-day simple moving average is GBX 306.29.

About Genuit Group

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Genuit Group plc develops, manufactures, and sells water, climate, and ventilation management solutions in the United Kingdom, rest of the Europe, and internationally. The company operates through two segments, Residential Systems, and Commercial and Infrastructure Systems. It offers above and below ground drainage systems, rainwater solutions, and various plastic hot and cold plumbing products, as well as commercial ventilation, underfloor heating, hydronic filters, and plastic plumbing systems.