Genus plc 23.3% potential upside indicated by Deutsche

Genus plc with ticker (LON:GNS) now has a potential upside of 23.3% according to Deutsche.

GNS.L

Deutsche set a target price of 2,150 GBX for the company, which when compared to the Genus plc share price of 1,744 GBX at opening today (13/08/2024) indicates a potential upside of 23.3%. Trading has ranged between 1,478 (52 week low) and 2,386 (52 week high) with an average of 74,811 shares exchanging hands daily. The market capitalisation at the time of writing is £1,138,425,470.

Genus plc is a United Kingdom-based animal protein genetics company. The Company supplies breeding animals with desirable characteristics for farmers, enabling them to produce quality meat and milk. Its segments include Genus PIC, Genus ABS and Genus Research and Development. The Genus PIC segment is engaged in the porcine sales business. The Genus ABS segment is engaged in the bovine sales business. Its bovine genetics business sells dairy and beef bull semen and embryos from its superior cattle, which are sold to farmers to breed their cows through artificial insemination. Its porcine genetics business sells genetically superior breeding pigs and semen to farmers, so they can breed commercial pigs with desirable characteristics for pork production. It also provides technical services and advice to farmers, to maximize the performance of its breeding animals in their farms. The Company has supply chain and distribution networks in over 80 countries.