Volution Group (LON:FAN) Earns “Buy” Rating from Berenberg Bank

Volution Group (LON:FAN)‘s stock had its “buy” rating reissued by analysts at Berenberg Bank in a research note issued on Thursday, Marketbeat.com reports. They currently have a GBX 880 price target on the stock. Berenberg Bank’s target price indicates a potential upside of 36.22% from the stock’s previous close.

Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 850 price target on shares of Volution Group in a research note on Tuesday, August 4th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Volution Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 786.25.

Volution Group Stock Down 1.5%

FAN traded down GBX 10 during trading hours on Thursday, hitting GBX 646. 581,328 shares of the company’s stock were exchanged, compared to its average volume of 1,967,888. Volution Group has a 12-month low of GBX 547 and a 12-month high of GBX 730. The firm has a 50 day moving average of GBX 658.78 and a 200 day moving average of GBX 627.37. The firm has a market cap of £1.28 billion, a P/E ratio of 25.23 and a beta of 1.16. 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 (LON:FAN) last released its earnings results on Thursday, October 8th. The company reported GBX 38.20 earnings per share (EPS) for the quarter. Volution Group had a net margin of 12.89% and a return on equity of 20.92%. Analysts predict that Volution Group will post 30.04 EPS for the current fiscal year.

Insider Activity at Volution Group

In related news, insider Andy O’Brien sold 180,000 shares of the company’s stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of GBX 674, for a total transaction of £1,213,200. Corporate 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.