Download full report with analyst certification and important disclosures
Oct 23 2024, 07:00 IST/BST
Volution has enjoyed a decade of near uninterrupted growth since its IPO, and all the evidence suggests there is plenty more to come. The core business remains well positioned strategically, financially and operationally while the transformative Fantech acquisition will add further impetus. The share price and valuation have justifiably reacted positively to recent developments; our sense is that the stock for now appears largely up with events. We update our price target to 615p and amend our rating to ‘Neutral’.
Oct 23 2024, 07:00 IST/BST