Genus PLC (LON:GNS) Stock Hold Rating Reiterated at Kepler Cheuvreux; The Target Price Given is GBX 2353.00; Sumitomo Life Insurance Company Trimmed Micron Technology Com (MU) Holding By $2.27 Million

November 15, 2017 - By Clifton Ray

In analysts note revealed to clients on Wednesday, 15 November, Genus PLC (LON:GNS) stock Hold was kept by Kepler Cheuvreux. They currently have a GBX 2353.00 price target on the stock. Kepler Cheuvreux’s price target suggests a potential upside of 4.97% from the company’s last stock close.

Sumitomo Life Insurance Company decreased Micron Technology Inc Com (MU) stake by 63.8% reported in 2017Q2 SEC filing. Sumitomo Life Insurance Company sold 78,216 shares as Micron Technology Inc Com (MU)’s stock rose 19.14%. The Sumitomo Life Insurance Company holds 44,382 shares with $1.33 million value, down from 122,598 last quarter. Micron Technology Inc Com now has $52.82 billion valuation. The stock increased 0.44% or $0.2 during the last trading session, reaching $45.8. About 5,280 shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since November 15, 2016 and is uptrending. It has outperformed by 159.57% the S&P500.

Among 8 analysts covering Genus PLC (LON:GNS), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Genus PLC has GBX 2600 highest and GBX 1424 lowest target. GBX 2097.13’s average target is -5.36% below currents GBX 2216 stock price. Genus PLC had 94 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, July 27 by Liberum Capital. Liberum Capital maintained the stock with “Buy” rating in Monday, November 2 report. As per Tuesday, February 23, the company rating was maintained by Peel Hunt. Liberum Capital maintained the stock with “Buy” rating in Thursday, August 13 report. The rating was maintained by Liberum Capital on Monday, April 11 with “Hold”. The rating was maintained by Liberum Capital on Monday, January 25 with “Hold”. Numis Securities maintained Genus plc (LON:GNS) rating on Tuesday, September 8. Numis Securities has “Hold” rating and GBX 1426 target. As per Friday, September 9, the company rating was downgraded by Liberum Capital. Numis Securities maintained it with “Hold” rating and GBX 1815 target in Thursday, September 7 report. Liberum Capital maintained the shares of GNS in report on Monday, September 14 with “Buy” rating.

Genus plc is an animal genetics company, which provides farmers with genetics that enable them to produce animal protein, in the form of meat and milk. The company has market cap of 1.36 billion GBP. The Company’s divisions include Genus PIC, Genus ABS, Genus Asia, and Research and Development. It has a 41.85 P/E ratio. The Genus PIC segment is engaged in porcine sales business, excluding Asia, and serves porcine clients in North America, Latin America and Europe.

About 13,520 shares traded. Genus plc (LON:GNS) has 0.00% since November 15, 2016 and is . It has underperformed by 16.70% the S&P500.

Analysts await Micron Technology, Inc. (NASDAQ:MU) to report earnings on December, 20. They expect $2.12 earnings per share, up 657.14% or $1.84 from last year’s $0.28 per share. MU’s profit will be $2.44B for 5.40 P/E if the $2.12 EPS becomes a reality. After $1.99 actual earnings per share reported by Micron Technology, Inc. for the previous quarter, Wall Street now forecasts 6.53% EPS growth.

Investors sentiment increased to 1.08 in Q2 2017. Its up 0.03, from 1.05 in 2017Q1. It increased, as 63 investors sold MU shares while 217 reduced holdings. 85 funds opened positions while 218 raised stakes. 832.79 million shares or 1.90% less from 848.93 million shares in 2017Q1 were reported. 292,684 are owned by Rafferty Asset Management. Canada Pension Plan Investment Board reported 1.49M shares. Bourgeon Management Limited reported 8,000 shares or 0.15% of all its holdings. Prudential Incorporated accumulated 1.52M shares. 7,374 are owned by Stephens Ar. Bnp Paribas Arbitrage, New York-based fund reported 3.41M shares. Intl Grp Inc reported 0.05% stake. Davis Selected Advisers owns 12,828 shares. Private Asset Mngmt reported 440,862 shares. Hightower Advsrs Limited Liability Co invested in 444,844 shares or 0.12% of the stock. Wetherby Asset has 0.08% invested in Micron Technology, Inc. (NASDAQ:MU) for 15,330 shares. Blair William & Il reported 211,568 shares. Pictet Natl Bank Trust Ltd reported 33,100 shares stake. Synovus has invested 0.04% in Micron Technology, Inc. (NASDAQ:MU). Hilltop Hldg stated it has 0.16% of its portfolio in Micron Technology, Inc. (NASDAQ:MU).

Sumitomo Life Insurance Company increased Reinsurance Group Amer Inc Com New (NYSE:RGA) stake by 2,803 shares to 20,774 valued at $2.67M in 2017Q2. It also upped Altria Group Inc Com (NYSE:MO) stake by 7,265 shares and now owns 85,112 shares. Alphabet Inc Cap Stk Cl A was raised too.

Since May 16, 2017, it had 0 insider buys, and 3 sales for $650,750 activity. 10,000 shares were sold by Deboer Scott J, worth $300,000 on Tuesday, May 30. ARNZEN APRIL S had sold 1,000 shares worth $30,750. Another trade for 14,143 shares valued at $408,911 was sold by Byrne Patrick J.

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