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Investing.com - RBC Capital upgraded Genuit Group plc (LON:GEN) from Sector Perform to Outperform with a price target of GBP5.05, citing regulatory tailwinds that could boost growth.
The research firm described Genuit as a "high quality company with a strong management team" that is positioned for growth as underlying markets are revived by regulatory developments expected through 2026 and beyond.
RBC Capital maintained its price target following Genuit’s first-half 2025 results, remaining cautious through year-end in anticipation of another UK government update in October.
The firm views the current stock price as "a good entry point" with Genuit trading at 11x and 10.2x EV/adjusted EBIT for calendar years 2025 and 2026, respectively.
These multiples represent a discount to both Genuit’s peers, which trade at 13.8x and 12.2x, and to the company’s five-year average of 12.5x, according to RBC Capital’s analysis.
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