Volution Group (LON:FAN – Get Rating)’s stock had its “hold” rating reaffirmed by investment analysts at Numis Securities in a research note issued on Thursday, Marketbeat reports. They presently have a GBX 315 ($3.79) target price on the stock. Numis Securities’ price objective would suggest a potential downside of 21.60% from the stock’s current price.
FAN has been the subject of a number of other research reports. Shore Capital reaffirmed a “buy” rating on shares of Volution Group in a research report on Thursday. Berenberg Bank raised their price objective on Volution Group from GBX 460 ($5.53) to GBX 500 ($6.01) and gave the company a “buy” rating in a research report on Thursday.
Volution Group Stock Up 13.2 %
FAN stock traded up GBX 46.77 ($0.56) on Thursday, reaching GBX 401.77 ($4.83). 3,273,673 shares of the company traded hands, compared to its average volume of 673,379. Volution Group has a one year low of GBX 270 ($3.25) and a one year high of GBX 494 ($5.94). The company has a debt-to-equity ratio of 51.86, a current ratio of 1.85 and a quick ratio of 0.98. The company has a market cap of £794.21 million, a P/E ratio of 2,232.04 and a beta of 1.45. The firm has a fifty day simple moving average of GBX 375.73 and a 200-day simple moving average of GBX 348.49.
About Volution Group
Volution Group plc, together with its subsidiaries, manufactures and supplies ventilation products to residential and commercial construction markets in the United Kingdom, Continental Europe, and Australasia. The company offers unitary extractor fans for use in bathrooms and kitchens; mechanical ventilation with heat recovery (MVHR) and centralized mechanical extract ventilation (MEV) systems; rigid, semi-rigid, and flexible ducting products and accessories; mechanical heat recovery units; air handling units, fan coils, and hybrid ventilation products; underfloor heating, heated towel rails, radiators, and storage and panel heaters; wall, box, and tower fans, as well as portable air conditioners; hand dryers and insect killers; and sensors, controllers, and ducting products.
