Genus (GNS.L) 16-04-20
Will shares in Genus (GNS.L) continue to rally, setting new recent highs?
- Now trading at 3498p (at time of writing), the share price performance has been very strong.
- Will it come to an end, or is this trend your friend?
- Could this be the ideal opportunity for momentum traders?
- Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
- Technical traders should be mindful of new events, which can influence price action. Check our website and news outlets for updates.
- Shares -4% from 12-month highs; +52% from 12 month lows.
Latest News
01 Apr: HSBC reiterates its buy rating on Genus (GNS) and increased the target price to 3550p (from 3260p).
28 Nov: Liberum Capital reiterates its buy rating on Genus (GNS) and increased the target price to 3450p (from 2800p).
20 Nov: Alison Henriksen has been appointed as the new CFO, effective 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 firm, announced that its porcine and dairy and beef businesses grew 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).
20 Sep: Stephen Wilson, Financial Director, exercised 27,220 shares within the firm on the 20th September 2019. This Director currently has 115,365 shares.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires