Volution Group PLC (FAN) PT Raised to GBX 206

Volution Group PLC (LON:FAN) had its price target raised by investment analysts at Numis Securities Ltd from GBX 200 ($2.53) to GBX 206 ($2.61) in a report issued on Wednesday, May 31st. The firm currently has a “hold” rating on the stock. Numis Securities Ltd’s price objective suggests a potential upside of 3.26% from the company’s previous close.

Several other brokerages have also recently weighed in on FAN. Liberum Capital raised their price objective on Volution Group PLC from GBX 206 ($2.61) to GBX 220 ($2.78) and gave the company a “buy” rating in a research note on Monday, March 20th. Berenberg Bank lifted their price objective on Volution Group PLC from GBX 215 ($2.72) to GBX 220 ($2.78) and gave the stock a “buy” rating in a report on Tuesday, March 21st. Finally, Canaccord Genuity lifted their target price on Volution Group PLC from GBX 205 ($2.59) to GBX 215 ($2.72) and gave the company a “buy” rating in a report on Tuesday, May 30th.

Shares of Volution Group PLC (LON FAN) traded up 0.76% during midday trading on Wednesday, hitting GBX 199.50. 591,628 shares of the stock traded hands. The firm’s 50-day moving average is GBX 196.83 and its 200 day moving average is GBX 181.07. The company’s market capitalization is GBX 397.17 million. Volution Group PLC has a 52 week low of GBX 133.00 and a 52 week high of GBX 201.75.

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About Volution Group PLC

Volution Group plc is a United Kingdom-based company, which is a supplier of ventilation products to the residential and commercial construction markets in the United Kingdom and northern Europe. The Company is principally engaged in designing, manufacturing and distribution of unitary and systems ventilation products and equipment.

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