Volution Group (LON:FAN) Price Target Raised to GBX 780

Key Points

• Jefferies Financial Group has raised its target price for Volution Group from GBX 720 to GBX 780, indicating a potential upside of 15.21% from the stock's previous close.
• Royal Bank Of Canada also increased its target price to GBX 740 and maintained an "outperform" rating for the stock.
• Volution Group's current share price opened at GBX 677, with a twelve-month range between GBX 451.50 and GBX 698.

Volution Group (LON:FAN - Free Report) had its price target lifted by Jefferies Financial Group from GBX 720 ($9.68) to GBX 780 ($10.49) in a report published on Tuesday morning, Marketbeat reports. They currently have a buy rating on the stock.

FAN has been the subject of a number of other reports. Berenberg Bank reissued a "buy" rating and issued a GBX 700 ($9.41) target price on shares of Volution Group in a report on Thursday, July 24th. Royal Bank Of Canada raised their target price on 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.

Volution Group Stock Performance

FAN stock traded up GBX 5 ($0.07) during trading on Tuesday, reaching GBX 668 ($8.98). 189,910 shares of the stock were exchanged, compared to its average volume of 657,909. The stock has a 50 day simple moving average of GBX 620.01 and a 200-day simple moving average of GBX 572.11. 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 company has a market capitalization of £1.32 billion, a P/E ratio of 30.75 and a beta of 1.36. Volution Group has a twelve month low of GBX 451.50 ($6.07) and a twelve month high of GBX 698 ($9.39).

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.