Genus plc (GNS) Rating Increased to Buy at N+1 Singer

N+1 Singer upgraded shares of Genus plc (LON:GNS) to a buy rating in a research report report published on Monday. N+1 Singer currently has GBX 2,485 ($32.79) target price on the stock, up from their prior target price of GBX 1,844 ($24.33).

Other analysts have also recently issued reports about the company. Liberum Capital restated a buy rating and issued a GBX 1,950 ($25.73) target price on shares of Genus plc in a report on Monday, September 4th. Peel Hunt restated a buy rating and issued a GBX 2,600 ($34.31) target price on shares of Genus plc in a report on Monday, September 4th. Finally, Numis Securities Ltd restated a hold rating and issued a GBX 1,815 ($23.95) target price on shares of Genus plc in a report on Thursday, September 7th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Genus plc has an average rating of Hold and a consensus price target of GBX 2,250 ($29.69).

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The business also recently announced a dividend, which will be paid on Friday, December 1st. Shareholders of record on Thursday, November 16th will be issued a GBX 16.20 ($0.21) dividend. This is a boost from Genus plc’s previous dividend of $7.40. This represents a yield of 0.83%. The ex-dividend date is Thursday, November 16th.

About Genus plc

Genus plc is an animal genetics company, which provides farmers with genetics that enable them to produce animal protein, in the form of meat and milk. The Company’s segments include Genus PIC, Genus ABS, Genus Asia, and Research and Development. The Genus PIC segment is engaged in porcine sales business, excluding Asia, and serves porcine customers in North America, Latin America and Europe.

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