Peel Hunt Reaffirms Buy Rating for Volution Group (LON:FAN)

Key Points

• Analysts at Peel Hunt have reaffirmed a "buy" rating for Volution Group (LON:FAN) with a target price of GBX 625, indicating a potential downside of 6.72% from the stock's previous close.
• Other analysts including Berenberg Bank and Jefferies Financial Group have also upgraded their target prices for Volution Group, with a consensus rating of "Buy" and an average target price of GBX 728.75.
• Volution Group reported a quarterly EPS of GBX 33.10, with a return on equity of 17.78% and a net margin of 12.31% as of their last earnings release on October 9th.

Volution Group (LON:FAN - Get Free Report)'s stock had its "buy" rating reaffirmed by analysts at Peel Hunt in a research note issued on Friday,Digital Look reports. They currently have a GBX 625 target price on the stock. Peel Hunt's price target would indicate a potential downside of 6.72% from the stock's previous close.

FAN has been the subject of a number of other reports. Berenberg Bank raised their price target on Volution Group from GBX 720 to GBX 730 and gave the stock a "buy" rating in a report on Thursday. Jefferies Financial Group raised their price target on Volution Group from GBX 780 to GBX 820 and gave the company a "buy" rating in a research report on Friday. Finally, Royal Bank Of Canada raised their price target on Volution Group from GBX 700 to GBX 740 and gave the company an "outperform" rating in a research report on Thursday, July 24th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of GBX 728.75.

Volution Group Price Performance

FAN stock traded down GBX 13 during midday trading on Friday, reaching GBX 670. 10,119,556 shares of the stock were exchanged, compared to its average volume of 744,081. The stock has a market capitalization of £1.33 billion, a PE ratio of 3,383.84 and a beta of 1.36. Volution Group has a 52 week low of GBX 451.50 and a 52 week high of GBX 720. 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 company has a fifty day moving average price of GBX 638.93 and a 200 day moving average price of GBX 604.07.

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