Volution Group PLC (LON:FAN) had its price target boosted by equities research analysts at Canaccord Genuity from GBX 190 ($2.35) to GBX 205 ($2.54) in a note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity’s price target points to a potential upside of 20.59% from the company’s previous close.
Other equities analysts also recently issued research reports about the stock. Liberum Capital reduced their price target on shares of Volution Group PLC from GBX 220 ($2.72) to GBX 180 ($2.23) and set a “buy” rating for the company in a report on Tuesday, July 12th. Numis Securities Ltd reissued a “hold” rating and set a GBX 184 ($2.28) price target on shares of Volution Group PLC in a report on Tuesday.
Volution Group PLC (LON:FAN) opened at 175.74 on Tuesday. Volution Group PLC has a one year low of GBX 133.00 and a one year high of GBX 204.00. The stock has a 50 day moving average of GBX 167.68 and a 200-day moving average of GBX 162.31. The stock’s market cap is GBX 351.01 million.
The business also recently disclosed a dividend, which will be paid on Wednesday, December 14th. Investors of record on Thursday, November 17th will be issued a GBX 2.60 ($0.03) dividend. The ex-dividend date is Thursday, November 17th. This represents a yield of 1.51%. This is an increase from Volution Group PLC’s previous dividend of $1.20.
About Volution Group PLC
Volution Group plc is a supplier of ventilation products to the residential construction market. The Company operates through two divisions: Ventilation Group and Torin-Sifan. The Ventilation Group supplies ventilation products for residential construction applications in the United Kingdom, Sweden, Norway and Germany and ventilation products for commercial construction applications in the United Kingdom.
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