Berenberg Bank Issues Positive Forecast for Volution Group (LON:FAN) Stock Price

Volution Group (LON:FAN) had its price target raised by Berenberg Bank from GBX 870 to GBX 880 in a research report issued to clients and investors on Tuesday,London Stock Exchange reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 32.73% from the stock’s current price.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 840 price target on shares of Volution Group in a research note on Thursday, May 28th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Volution Group currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 756.25.

Volution Group Stock Up 4.4%

Shares of LON FAN opened at GBX 663 on Tuesday. Volution Group has a 1 year low of GBX 547 and a 1 year high of GBX 730. The firm’s 50-day moving average is GBX 610.54 and its 200-day moving average is GBX 623.96. 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 capitalization of £1.31 billion, a PE ratio of 25.90 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.