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Home / Momentum / Genus (GNS.L) 03-03-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Genus (GNS.L) 03-03-20

Will Genus (GNS.L) continue this relentless rise, setting new highs?

 

  • Currently trading at 3328.54p (at time of writing), performance has been exceptional of late.
  • Will it hit resistance, or is the trend your friend?
  • Is this one for momentum traders?
  • The price has been moving upwards, however, past performance is not necessarily an indication of the future.
  • Technical traders should be mindful of breaking news and events. This can influence price trends. Check our website and news outlets for updates.
  • Shares -0% from 12-month highs; +52% from 12 month lows.

Latest News

28 Nov:  Liberum Capital reiterates its buy rating on Genus (GNS) and increased the target price to 3450p (from 2800p).

20 Nov:  Genus announced that Alison Henriksen would become the new CFO with effect from 13th January.  Henriksen was previously CFO of V. Group, the UK ship management company.

15 Nov:  Jefferies International today initiates coverage of Genus (GNS) with a hold rating and target price of 3272p.

14 Nov:  Genus, the animal genetics company, announced that both its porcine and dairy and beef units had grown within the four months to the end of October.

13 Nov:  HSBC reiterates its buy rating on Genus (GNS) and increased the target price to 3260p (from 3000p).

 

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.

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