Genuit Group PLC with ticker (LON:GEN) now has a potential upside of 29.9% according to Berenberg Bank.
Berenberg Bank set a target price of 400 GBX for the company, which when compared to the Genuit Group PLC share price of 308 GBX at opening today (22/11/2023) indicates a potential upside of 29.9%. Trading has ranged between 244 (52 week low) and 350 (52 week high) with an average of 597,757 shares exchanging hands daily. The market capitalisation at the time of writing is £796,097,511.
Genuit Group PLC 29.9% potential upside indicated by Berenberg Bank
- Written by: Charlotte Edwards
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Genuit Group plc has acquired Davidson Holdings Limited, owner of brands including Salamander Pumps, Cistermiser, Talon and Keraflo, for £49m on a debt-free, cash-free basis. Davidson is expected to generate £32.8m in 2025 revenue and will join Genuit’s Sustainable Building Solutions unit.
