Volution Group’s (FAN) Buy Rating Reiterated at Berenberg Bank

Volution Group (LON:FAN)‘s stock had its “buy” rating reissued by equities researchers at Berenberg Bank in a research note issued to investors on Thursday, Marketbeat reports. They currently have a GBX 880 price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 34.76% from the company’s previous close.

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 850 price target on shares of Volution Group in a research report on Tuesday, August 4th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Volution Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 786.25.

Volution Group Stock Performance

Shares of LON:FAN opened at GBX 653 on Thursday. The company’s 50 day moving average price is GBX 658.78 and its two-hundred day moving average price is GBX 627.37. Volution Group has a 12-month low of GBX 547 and a 12-month high of GBX 730. The firm has a market cap of £1.29 billion, a PE ratio of 25.51 and a beta of 1.16. The company has a quick ratio of 0.98, a current ratio of 1.65 and a debt-to-equity ratio of 82.80.

Volution Group (LON:FAN) last released its quarterly earnings results on Thursday, October 8th. The company reported GBX 38.20 earnings per share for the quarter. Volution Group had a net margin of 12.89% and a return on equity of 20.92%. Equities research analysts predict that Volution Group will post 30.04 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Andy O’Brien sold 180,000 shares of the company’s stock in a transaction dated Friday, October 9th. The shares were sold at an average price of GBX 674, for a total transaction of £1,213,200. 1.16% of the stock is owned by corporate insiders.

About Volution Group

Volution Group plc (LSE: FAN) is a leading supplier of ventilation products to the residential and commercial construction markets in the UK, the Nordics, Central Europe and Australasia.