Key Points
- Insider buying: Bronagh Kennedy acquired 9,050 Genuit Group shares at GBX 296 each, investing approximately £26,788.
- Analysts remain bullish: Multiple brokers reaffirmed or upgraded their buy-equivalent ratings, with a consensus price target of GBX 439.20 versus the stock’s opening price of GBX 283.60.
- Mixed operating backdrop: Genuit reported quarterly EPS of GBX 10.50 and maintained profit guidance, but shares fell 1.5% amid weaker demand, declining profits and a reported £600,000 social-engineering fraud loss.
Genuit Group plc (LON:GEN - Get Free Report) insider Bronagh Kennedy acquired 9,050 shares of Genuit Group stock in a transaction dated Tuesday, August 11th. The stock was acquired at an average cost of GBX 296 per share, with a total value of £26,788.
Genuit Group Trading Down 1.5%
Shares of GEN stock opened at GBX 283.60 on Thursday. Genuit Group plc has a 1 year low of GBX 241 and a 1 year high of GBX 391.50. The firm's fifty day simple moving average is GBX 272.02 and its 200 day simple moving average is GBX 293.83. The firm has a market capitalization of £714.89 million, a P/E ratio of 15.93, a price-to-earnings-growth ratio of 3.23 and a beta of 1.44. The company has a current ratio of 1.54, a quick ratio of 1.07 and a debt-to-equity ratio of 38.15.
Genuit Group (LON:GEN - Get Free Report) last released its earnings results on Tuesday, August 11th. The company reported GBX 10.50 EPS for the quarter. Genuit Group had a net margin of 7.51% and a return on equity of 6.89%. As a group, sell-side analysts predict that Genuit Group plc will post 27.6836158 EPS for the current year.
Analyst Ratings Changes
A number of brokerages have recently commented on GEN. Berenberg Bank reaffirmed a "buy" rating and set a GBX 440 price objective on shares of Genuit Group in a research report on Wednesday. JPMorgan Chase & Co. lifted their target price on Genuit Group from GBX 440 to GBX 450 and gave the stock an "overweight" rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 440 price target on shares of Genuit Group in a research note on Wednesday. Finally, Jefferies Financial Group upped their price target on Genuit Group from GBX 332 to GBX 366 and gave the company a "buy" rating in a report on Wednesday. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of GBX 439.20.
View Our Latest Stock Report on Genuit Group
Genuit Group News Roundup
Here are the key news stories impacting Genuit Group this week:
- Positive Sentiment: Jefferies raised its price target from 332p to 366p and retained a “buy” rating, while JPMorgan increased its target from 440p to 450p with an “overweight” rating.
- Positive Sentiment: Deutsche Bank and Berenberg reaffirmed their “buy” ratings, each maintaining a 440p target. The recommendations indicate that analysts see meaningful upside if trading conditions improve.
- Positive Sentiment: An insider purchase may provide some confidence: Bronagh Kennedy acquired 9,050 shares at 296p, investing approximately £26,788.
- Positive Sentiment: Genuit maintained its profit guidance, with pricing actions and acquisitions helping counter market weakness and the impact of the Iran conflict.
- Neutral Sentiment: The company reported quarterly earnings per share of 10.50p, alongside a 6.89% return on equity and a 7.51% net margin. The release provides evidence of continued profitability, but the market is focused on the broader trading outlook.
- Negative Sentiment: Genuit’s profits fell amid tough trading conditions. Weaker market demand appears to be limiting growth, even though pricing and acquisitions are supporting the company’s guidance. Genuit profits fall amid tough trading
- Negative Sentiment: The Leeds-based group disclosed a £600,000 loss from a Middle East social-engineering fraud, creating a one-off financial and governance concern. Genuit Group fraud loss
Genuit Group Company Profile
(
Get Free Report)
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.
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