Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from Volution ( (GB:FAN) ) is now available.
Volution Group plc announced that all resolutions proposed at its Annual General Meeting were passed, including those related to directors’ re-elections and financial matters. However, the resolution concerning the disapplication of pre-emption rights received significant opposition, with over 20% of votes against it. The board plans to engage with shareholders to understand their concerns and will provide an update within six months. This outcome highlights potential shareholder concerns regarding governance practices, which the company aims to address.
The most recent analyst rating on (GB:FAN) stock is a Buy with a £820.00 price target. To see the full list of analyst forecasts on Volution stock, see the GB:FAN Stock Forecast page.
Spark’s Take on GB:FAN Stock
According to Spark, TipRanks’ AI Analyst, GB:FAN is a Neutral.
Volution’s overall stock score is primarily driven by its strong financial performance, which is a significant strength. However, the bearish technical indicators and relatively high valuation dampen the overall score. The lack of earnings call data and notable corporate events means these factors do not influence the score.
To see Spark’s full report on GB:FAN stock, click here.
More about Volution
Volution Group plc is a leading international designer and manufacturer of energy efficient indoor air quality solutions. The company operates across three regions with 29 key brands, including Vent-Axia and Manrose in the UK, Fresh and PAX in Continental Europe, and Simx and Ventair in Australasia.
Average Trading Volume: 492,004
Technical Sentiment Signal: Buy
Current Market Cap: £1.2B
For a thorough assessment of FAN stock, go to TipRanks’ Stock Analysis page.