Volution Group's (FAN) Buy Rating Reaffirmed at Jefferies Financial Group

Key Points

• Jefferies reaffirmed its “Buy” rating on Volution Group and set a GBX 900 price target, implying 38.25% upside from the stock’s GBX 651 price.
• Analyst sentiment remains positive: Peel Hunt and Berenberg also rate the shares “Buy,” contributing to a consensus “Buy” rating and average target of GBX 838.33.
• Volution reported quarterly earnings of GBX 38.20 per share, with a 20.92% return on equity and 12.89% net margin; however, insiders sold 265,547 shares worth approximately £176.7 million over the last quarter.

Volution Group (LON:FAN - Get Free Report)'s stock had its "buy" rating reissued by research analysts at Jefferies Financial Group in a note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 900 price target on the stock. Jefferies Financial Group's price objective would indicate a potential upside of 38.25% from the company's current price.

Several other analysts have also issued reports on the stock. Peel Hunt restated a "buy" rating and issued a GBX 735 price target on shares of Volution Group in a research report on Thursday, October 8th. Berenberg Bank reiterated a "buy" rating and issued a GBX 880 price objective on shares of Volution Group in a research report on Thursday, October 8th. Three analysts have rated the stock with a Buy rating. According to MarketBeat, the company has a consensus rating of "Buy" and an average price target of GBX 838.33.

Volution Group Stock Performance

FAN traded up GBX 1 during midday trading on Wednesday, reaching GBX 651. The company's stock had a trading volume of 584,943 shares, compared to its average volume of 1,941,311. Volution Group has a twelve month low of GBX 547 and a twelve month high of GBX 730. The stock has a market cap of £1.29 billion, a P/E ratio of 25.43 and a beta of 1.15. The company has a fifty day simple moving average of GBX 648.35 and a 200 day simple moving average of GBX 633.35. 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 - Get Free Report) last posted its quarterly earnings data on Thursday, October 8th. The company reported GBX 38.20 earnings per share for the quarter. Volution Group had a return on equity of 20.92% and a net margin of 12.89%. Research analysts expect that Volution Group will post 30.04 earnings per share for the current year.

Insider Buying and Selling at Volution Group

In other 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 value of £1,213,200. Also, insider Ronnie George sold 39,833 shares of the stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of GBX 650, for a total transaction of £258,914.50. Insiders have sold 265,547 shares of company stock valued at $176,664,926 over the last quarter. 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.

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