Genuit Group PLC (LON: GEN) Stock: JPMorgan Lifts Target as M&G Buys 5% Stake After Profit Warning
Genuit Group shares traded around 330p on December 4, rebounding from a mid-November low of 298.5p after a profit warning. JPMorgan raised its price target to 465p, maintaining an “overweight” rating. M&G PLC disclosed a new 5.02% stake in the company this week. The stock remains down about 30% over the past year.