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

Volution Group (LON:FAN)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a research report issued to clients and investors on Thursday,Digital Look reports. They currently have a GBX 700 ($9.05) target price on the stock. Berenberg Bank’s price target points to a potential upside of 21.53% from the stock’s current price.

Volution Group Stock Down 1.5 %

Shares of FAN opened at GBX 576 ($7.45) on Thursday. The firm has a market cap of £1.14 billion, a P/E ratio of 26.52 and a beta of 1.36. Volution Group has a 12-month low of GBX 400 ($5.17) and a 12-month high of GBX 624 ($8.07). The company’s 50-day moving average price is GBX 527.51 and its 200 day moving average price is GBX 554.47. The company has a current ratio of 1.28, a quick ratio of 0.98 and a debt-to-equity ratio of 34.97.

Volution Group (LON:FAN) last released its earnings results on Thursday, March 13th. The company reported GBX 15.30 ($0.20) earnings per share for the quarter. Volution Group had a return on equity of 17.78% and a net margin of 12.31%. On average, sell-side analysts forecast that Volution Group will post 30.0441826 earnings per share for the current year.

Volution Group Company Profile

Volution Group plc, together with its subsidiaries, manufactures and supplies ventilation products to residential and commercial constructions in the United Kingdom, Continental Europe, and Australasia. The company offers unitary extractor fans for use in bathrooms and kitchens; mechanical and decentralized mechanical ventilation with heat recovery; centralized mechanical extract ventilation; positive input ventilation; single room and incline fans; passive ventilation; thermal destratification; and ducting.