Volution Group’s (FAN) “Buy” Rating Reaffirmed at Berenberg Bank

Volution Group (LON:FAN)‘s stock had its “buy” rating reaffirmed by Berenberg Bank in a note issued to investors on Thursday, MarketBeat Ratings reports. They currently have a GBX 880 price target on the stock. Berenberg Bank’s price target indicates a potential upside of 34.15% from the stock’s current price.

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 850 price target on shares of Volution Group in a report on Tuesday, August 4th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 786.25.

Volution Group Price Performance

Shares of LON FAN opened at GBX 656 on Thursday. The firm has a market capitalization of £1.30 billion, a P/E ratio of 25.62 and a beta of 1.16. The firm’s 50-day moving average price is GBX 658.78 and its 200-day moving average price is GBX 627.37. The company has a current ratio of 1.65, a quick ratio of 0.98 and a debt-to-equity ratio of 82.80. Volution Group has a 1-year low of GBX 547 and a 1-year high of GBX 730.

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

Insiders Place Their Bets

In other Volution Group news, insider Andy O’Brien sold 180,000 shares of the company’s stock in a transaction on Friday, October 9th. The shares were sold at an average price of GBX 674, for a total transaction of £1,213,200. Insiders own 1.16% of the company’s stock.

Volution Group Company Profile

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.