Volution Group PLC (LON:FAN) had its price objective upped by Liberum Capital from GBX 233 ($3.07) to GBX 240 ($3.17) in a report issued on Wednesday morning. They currently have a buy rating on the stock.
Other research analysts have also issued reports about the stock. Canaccord Genuity reissued a buy rating and set a GBX 215 ($2.84) price objective on shares of Volution Group PLC in a report on Thursday, July 27th. Numis Securities Ltd reissued a hold rating and set a GBX 206 ($2.72) price objective on shares of Volution Group PLC in a report on Tuesday, October 10th.
Shares of Volution Group PLC (LON FAN) traded down 3.23% during trading on Wednesday, hitting GBX 202.25. 51,762 shares of the company were exchanged. The company’s 50-day moving average price is GBX 200.10 and its 200 day moving average price is GBX 194.17. Volution Group PLC has a 12 month low of GBX 141.20 and a 12 month high of GBX 210.00. The stock’s market cap is GBX 402.65 million.
Volution Group PLC (LON:FAN) last released its quarterly earnings results on Tuesday, October 10th. The company reported GBX 13.60 ($0.18) earnings per share for the quarter, meeting the Zacks’ consensus estimate of GBX 13.60 ($0.18). The business had revenue of £185.06 million during the quarter. Volution Group PLC had a net margin of 8.12% and a return on equity of 9.26%. On average, equities analysts predict that Volution Group PLC will post $13.55 earnings per share for the current fiscal year.
The firm also recently declared a dividend, which will be paid on Monday, December 18th. Stockholders of record on Thursday, November 23rd will be issued a GBX 2.80 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, November 23rd. This is a positive change from Volution Group PLC’s previous dividend of $1.35. This represents a dividend yield of 1.35%.
Volution Group PLC Company Profile
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.