Volution Group’s (FAN) Buy Rating Reiterated at Jefferies Financial Group

Volution Group (LON:FAN)‘s stock had its “buy” rating reissued by stock analysts at Jefferies Financial Group in a research note issued on Thursday, October 8th, Marketbeat.com reports. They presently have a GBX 850 price objective on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 33.44% from the stock’s previous close.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 880 price target on shares of Volution Group in a research report on Thursday, October 8th. Three research analysts have rated the stock with a Buy rating. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 821.67.

Volution Group Stock Down 0.9%

FAN traded down GBX 6 during trading hours on Thursday, hitting GBX 637. 9,922,279 shares of the company’s stock were exchanged, compared to its average volume of 2,002,498. Volution Group has a 1-year low of GBX 547 and a 1-year high of GBX 730. The stock’s 50-day moving average is GBX 657.17 and its two-hundred day moving average is GBX 628.28. The stock has a market cap of £1.26 billion, a price-to-earnings ratio of 24.88 and a beta of 1.16. The company has a quick ratio of 0.98, a current ratio of 1.65 and a debt-to-equity ratio of 82.80.

Volution Group (LON:FAN) last released its earnings results on Thursday, October 8th. The company reported GBX 38.20 earnings per share for the quarter. Volution Group had a net margin of 12.89% and a return on equity of 20.92%. Sell-side analysts predict that Volution Group will post 30.04 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Andy O’Brien sold 32,578 shares of the stock in a transaction that occurred on Tuesday, October 13th. The stock was sold at an average price of GBX 642, for a total transaction of £209,150.76. Also, insider Ronnie George sold 39,833 shares of the stock in a transaction that occurred on Tuesday, October 13th. The shares were sold at an average price of GBX 650, for a total value of £258,914.50. Insiders have sold 265,547 shares of company stock worth $176,664,926 in the last quarter. 1.16% of the stock is currently owned by corporate insiders.

About Volution Group

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.