Volution Group (LON:FAN) Sets New 12-Month High After Analyst Upgrade

Key Points

• Volution Group plc's shares reached a new 52-week high after Jefferies Financial Group increased their price target from GBX 720 to GBX 780, maintaining a buy rating on the stock.
• The company has a market capitalization of £1.34 billion, with a P/E ratio of 31.16 and a beta of 1.36, indicating its stability in the market.
• Volution Group manufactures ventilation products for residential and commercial buildings, including extractor fans and ventilation systems, primarily in the UK, Europe, and Australasia.

Volution Group plc (LON:FAN - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Tuesday after Jefferies Financial Group raised their price target on the stock from GBX 720 to GBX 780. Jefferies Financial Group currently has a buy rating on the stock. Volution Group traded as high as GBX 698 ($9.39) and last traded at GBX 673.05 ($9.05), with a volume of 10634 shares. The stock had previously closed at GBX 668 ($8.98).

Several other equities analysts also recently issued reports on FAN. Royal Bank Of Canada upped their price objective on shares of Volution Group from GBX 700 ($9.41) to GBX 740 ($9.95) and gave the company an "outperform" rating in a research note on Thursday, July 24th. Berenberg Bank reissued a "buy" rating and set a GBX 700 ($9.41) price objective on shares of Volution Group in a research note on Thursday, July 24th.

Volution Group Stock Performance

The company has a quick ratio of 0.98, a current ratio of 1.28 and a debt-to-equity ratio of 34.97. The company has a market cap of £1.31 billion, a PE ratio of 30.55 and a beta of 1.36. The stock's 50 day simple moving average is GBX 621.14 and its two-hundred day simple moving average is GBX 572.90.

Volution Group Company Profile

Volution Group plc, together with its subsidiaries, manufactures and supplies ventilation products to residential and commercial constructions in the United Kingdom, Continental Europe, and Australasia. The company offers unitary extractor fans for use in bathrooms and kitchens; mechanical and decentralized mechanical ventilation with heat recovery; centralized mechanical extract ventilation; positive input ventilation; single room and incline fans; passive ventilation; thermal destratification; and ducting.