Jefferies Financial Group Reaffirms “Buy” Rating for Volution Group (LON:FAN)

Volution Group (LON:FAN)‘s stock had its “buy” rating reissued by equities research analysts at Jefferies Financial Group in a report issued on Wednesday, MarketBeat.com reports. They currently have a GBX 840 price objective on the stock. Jefferies Financial Group’s target price indicates a potential upside of 49.73% from the stock’s previous close.

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 870 price objective on shares of Volution Group in a report on Thursday, March 12th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 751.

Volution Group Trading Down 4.4%

FAN stock opened at GBX 561 on Wednesday. Volution Group has a 52-week low of GBX 451.50 and a 52-week high of GBX 730. The company has a quick ratio of 0.98, a current ratio of 2.74 and a debt-to-equity ratio of 100.88. The firm has a market cap of £1.11 billion, a P/E ratio of 27.10 and a beta of 1.10. The company’s 50-day simple moving average is GBX 653.82 and its 200-day simple moving average is GBX 642.23.

Volution Group (LON:FAN) last announced its quarterly earnings results on Thursday, March 12th. The company reported GBX 18.20 earnings per share for the quarter. Volution Group had a return on equity of 18.46% and a net margin of 11.19%. As a group, equities analysts forecast that Volution Group will post 30.0441826 EPS for the current fiscal year.

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.