Berenberg Bank Boosts Volution Group (LON:FAN) Price Target to GBX 720

Key Points

• Berenberg Bank has raised its price target for Volution Group from GBX 700 to GBX 720, reflecting a 14.83% potential upside from the current stock price.
• Other analysts, including the Royal Bank Of Canada and Jefferies Financial Group, have also increased their target prices, with Jefferies setting it at GBX 780.
• Volution Group's stock recently traded down 0.8% at GBX 627, with a recent trading volume of 79,145 shares, significantly lower than its average volume.

Volution Group (LON:FAN - Free Report) had its target price boosted by Berenberg Bank from GBX 700 to GBX 720 in a report released on Monday morning, MarketBeat.com reports. Berenberg Bank currently has a buy rating on the stock.

Other research analysts have also recently issued research reports about the company. Jefferies Financial Group increased their price objective on Volution Group from GBX 720 to GBX 780 and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Royal Bank Of Canada raised their price target on Volution Group from GBX 700 to GBX 740 and gave the stock an "outperform" rating in a research report on Thursday, July 24th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of GBX 746.67.

Volution Group Stock Performance

FAN stock traded down GBX 1 during trading hours on Monday, hitting GBX 629. 495,386 shares of the stock were exchanged, compared to its average volume of 716,964. The company has a current ratio of 1.28, a quick ratio of 0.98 and a debt-to-equity ratio of 34.97. The firm has a market capitalization of £1.25 billion, a P/E ratio of 3,176.77 and a beta of 1.36. The company has a 50-day simple moving average of GBX 640.40 and a two-hundred day simple moving average of GBX 591.78. Volution Group has a 12 month low of GBX 451.50 and a 12 month high of GBX 698.

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.