Volution Group (LON:FAN) Price Target Raised 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 price target increased by Berenberg Bank from GBX 700 to GBX 720 in a research note issued to investors on Monday morning, MarketBeat.com reports. They currently have a buy rating on the stock.

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

Volution Group Stock Down 0.2%

LON:FAN traded down GBX 1 during trading hours on Monday, hitting GBX 629. 495,386 shares of the stock traded hands, compared to its average volume of 716,964. The firm has a 50 day moving average price of GBX 640.40 and a 200 day moving average price of GBX 592.33. The company has a current ratio of 1.28, a quick ratio of 0.98 and a debt-to-equity ratio of 34.97. Volution Group has a fifty-two week low of GBX 451.50 and a fifty-two week high of GBX 698. The firm has a market cap of £1.25 billion, a price-to-earnings ratio of 3,176.77 and a beta of 1.36.

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.