Jefferies Financial Group Raises Volution Group (LON:FAN) Price Target 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 increased by Jefferies Financial Group from GBX 720 ($9.68) to GBX 780 ($10.49) in a report issued on Tuesday morning, MarketBeat reports. The brokerage currently has a buy rating on the stock.

Several other research firms have also commented on FAN. Berenberg Bank reissued a "buy" rating and set a GBX 700 ($9.41) target price on shares of Volution Group in a research note on Thursday, July 24th. Royal Bank Of Canada increased their target price 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.

Volution Group Price Performance

Shares of LON:FAN traded down GBX 4.34 ($0.06) during trading on Tuesday, reaching GBX 663.66 ($8.93). The company had a trading volume of 152,780 shares, compared to its average volume of 654,608. The firm's fifty day moving average is GBX 621.14 and its 200 day moving average is GBX 572.90. The firm has a market capitalization of £1.31 billion, a PE ratio of 30.55 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). The company has a debt-to-equity ratio of 34.97, a quick ratio of 0.98 and a current ratio of 1.28.

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.