Volution Group (FAN) Given “Buy” Rating at Liberum Capital

Volution Group (LON:FAN)‘s stock had its “buy” rating reiterated by equities researchers at Liberum Capital in a research note issued to investors on Thursday.

Several other equities research analysts also recently weighed in on FAN. Peel Hunt reaffirmed a “hold” rating on shares of Volution Group in a report on Tuesday, July 17th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 230 ($3.01) price target on shares of Volution Group in a report on Friday, July 6th. Numis Securities reaffirmed a “hold” rating on shares of Volution Group in a report on Friday, August 10th. Finally, Berenberg Bank decreased their price target on Volution Group from GBX 250 ($3.27) to GBX 240 ($3.14) and set a “buy” rating for the company in a report on Friday, August 10th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 231.25 ($3.02).

Shares of LON FAN opened at GBX 186.25 ($2.43) on Thursday. Volution Group has a 1-year low of GBX 172 ($2.25) and a 1-year high of GBX 224 ($2.93).

Volution Group (LON:FAN) last issued its quarterly earnings results on Thursday, October 11th. The company reported GBX 14.50 ($0.19) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of GBX 14.50 ($0.19). Volution Group had a return on equity of 8.44% and a net margin of 6.93%.

In other Volution Group news, insider Ronnie George bought 10,000 shares of Volution Group stock in a transaction on Thursday, October 11th. The stock was bought at an average price of GBX 170 ($2.22) per share, with a total value of £17,000 ($22,213.51).

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 and internationally. The company operates through two segments, Ventilation Group and OEM (Torin-Sifan). The company's products include unitary extractor fans for use in bathrooms and kitchens; MVHR and MEV systems; rigid, semi-rigid, and flexible ducting products and accessories; mechanical heat recovery units; air handling units and fan coils; commercial 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.

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Analyst Recommendations for Volution Group (LON:FAN)

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