Berenberg Bank Boosts Volution Group (LON:FAN) Price Target to GBX 730

Key Points

• Berenberg Bank raised the price target for Volution Group from GBX 720 to GBX 730, implying a potential upside of 6.41%, and maintains a "buy" rating on the stock.
• Royal Bank of Canada and Jefferies Financial Group also increased their targets, with RBC setting it at GBX 740 and Jefferies at GBX 780, reflecting a consensus of positive sentiment among analysts.
• Volution Group's stock experienced a rise to GBX 686 with a notable market cap of £1.36 billion, while the company reported quarterly earnings of GBX 33.10 per share.

Volution Group (LON:FAN - Get Free Report) had its target price boosted by equities research analysts at Berenberg Bank from GBX 720 to GBX 730 in a report issued on Thursday,London Stock Exchange reports. The brokerage presently has a "buy" rating on the stock. Berenberg Bank's target price would suggest a potential upside of 6.41% from the company's current price.

A number of other equities research analysts have also recently weighed in on the company. Royal Bank Of Canada upped their price target on Volution Group from GBX 700 to GBX 740 and gave the stock an "outperform" rating in a report on Thursday, July 24th. Jefferies Financial Group upped their price target on Volution Group from GBX 720 to GBX 780 and gave the stock a "buy" rating in a report on Tuesday, August 5th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, Volution Group presently has an average rating of "Buy" and an average price target of GBX 750.

Volution Group Stock Performance

LON FAN traded up GBX 37 on Thursday, hitting GBX 686. 1,286,652 shares of the company's stock were exchanged, compared to its average volume of 697,403. The company has a debt-to-equity ratio of 34.97, a current ratio of 1.28 and a quick ratio of 0.98. The firm's 50-day moving average price is GBX 638.67 and its two-hundred day moving average price is GBX 603.23. Volution Group has a fifty-two week low of GBX 451.50 and a fifty-two week high of GBX 720. The firm has a market cap of £1.36 billion, a price-to-earnings ratio of 3,464.65 and a beta of 1.36.

Volution Group (LON:FAN - Get Free Report) last released its quarterly earnings results on Thursday, October 9th. The company reported GBX 33.10 earnings per share for the quarter. Volution Group had a return on equity of 17.78% and a net margin of 12.31%. On average, research analysts expect that Volution Group will post 30.0441826 EPS for the current year.

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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