Berenberg Bank Reaffirms “Buy” Rating for Volution Group (LON:FAN)

Volution Group (LON:FAN)‘s stock had its “buy” rating reaffirmed by analysts at Berenberg Bank in a research report issued on Thursday,Digital Look reports. They currently have a GBX 870 price objective on the stock. Berenberg Bank’s price target indicates a potential upside of 33.63% from the company’s previous close.

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 840 price objective on shares of Volution Group in a report on Thursday, May 28th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 751.

Volution Group Stock Up 2.5%

Volution Group stock opened at GBX 651.03 on Thursday. Volution Group has a 12 month low of GBX 547 and a 12 month high of GBX 730. The stock has a fifty day simple moving average of GBX 606.18 and a two-hundred day simple moving average of GBX 625.14. The company has a current ratio of 2.74, a quick ratio of 0.98 and a debt-to-equity ratio of 100.88. The firm has a market cap of £1.29 billion, a price-to-earnings ratio of 25.43 and a beta of 1.16.

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.