Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Genus (LON:GNS) Stock

Genus (LON:GNS) had its price target upped by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 3,100 to GBX 3,300 in a research note issued to investors on Friday,Digital Look reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 16.40% from the company’s current price.

A number of other research firms have also recently commented on GNS. Shore Capital reaffirmed a “buy” rating and issued a GBX 3,000 target price on shares of Genus in a research report on Friday. Berenberg Bank boosted their price target on shares of Genus from GBX 3,050 to GBX 3,250 and gave the company a “buy” rating in a research note on Friday. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 3,183.33.

Genus Price Performance

GNS remained flat at GBX 2,835 on Friday. 125,068 shares of the company were exchanged, compared to its average volume of 305,460. Genus has a 52-week low of GBX 1,548 and a 52-week high of GBX 3,228.80. The firm has a market capitalization of £1.88 billion, a PE ratio of 98.10, a PEG ratio of 2.87 and a beta of 0.37. The company has a current ratio of 1.80, a quick ratio of 1.08 and a debt-to-equity ratio of 53.12. The business has a fifty day moving average price of GBX 2,548.09 and a two-hundred day moving average price of GBX 2,517.50.

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.