Liberum Capital restated their buy rating on shares of Genus (LON:GNS) in a report released on Wednesday morning, ThisIsMoney.Co.Uk reports.
Several other research analysts have also issued reports on the company. Peel Hunt reiterated a buy rating and set a GBX 3,200 ($41.81) price objective on shares of Genus in a research note on Thursday, November 14th. Jefferies Financial Group started coverage on Genus in a research note on Friday, November 15th. They set a hold rating and a GBX 3,272 ($42.75) price objective for the company. Peel Hunt reiterated a buy rating and set a GBX 3,200 ($41.81) price objective on shares of Genus in a research note on Monday, November 11th. Finally, HSBC increased their price objective on Genus from GBX 3,000 ($39.20) to GBX 3,260 ($42.60) and gave the stock a buy rating in a research note on Wednesday, November 13th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of Buy and an average price target of GBX 3,006.71 ($39.29).
Genus stock traded up GBX 4 ($0.05) during mid-day trading on Wednesday, hitting GBX 3,000 ($39.20). 60,833 shares of the company were exchanged, compared to its average volume of 78,154. The company has a quick ratio of 1.19, a current ratio of 2.01 and a debt-to-equity ratio of 21.92. The business has a fifty day moving average of GBX 2,965.27 and a 200 day moving average of GBX 2,724.68. Genus has a 1-year low of GBX 2,090 ($27.31) and a 1-year high of GBX 3,215.60 ($42.02). The company has a market capitalization of $1.98 billion and a PE ratio of 252.10.
The firm also recently announced a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 7th will be paid a GBX 18.80 ($0.25) dividend. The ex-dividend date is Thursday, November 7th. This is a positive change from Genus’s previous dividend of $8.90. This represents a dividend yield of 0.68%. Genus’s dividend payout ratio (DPR) is 2.35%.
In other news, insider Lysanne Gray sold 1,298 shares of the firm’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of GBX 2,858 ($37.34), for a total value of £37,096.84 ($48,473.59). Also, insider Stephen Wilson sold 13,095 shares of the firm’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of GBX 2,960 ($38.68), for a total value of £387,612 ($506,483.73). Over the last 90 days, insiders sold 22,851 shares of company stock valued at $67,205,592.
Genus plc operates as an animal genetics company in North America, Latin America, rest of Europe, the Middle East, Africa, and Asia. The company operates through three segments: Genus PIC, Genus ABS, and Research and Development. It sells sows, boars, and semen to breed pigs with various characteristics for pork production under the PIC brand.
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