VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages
by Doug Wharley · The Cerbat GemShares of VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY – Get Free Report) have been given an average rating of “Moderate Buy” by the nine brokerages that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company.
VACNY has been the topic of a number of research reports. UBS Group restated a “buy” rating on shares of VAT Group in a research report on Tuesday, September 1st. Royal Bank Of Canada reiterated a “sector perform” rating on shares of VAT Group in a report on Wednesday, July 29th. Jefferies Financial Group upgraded VAT Group from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, August 19th. Zacks Research raised VAT Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of VAT Group in a research report on Friday, July 10th.
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VAT Group Stock Down 0.9%
OTCMKTS VACNY opened at $80.14 on Thursday. VAT Group has a 52-week low of $38.62 and a 52-week high of $88.91. The company has a fifty day moving average of $76.54 and a 200-day moving average of $75.57.
About VAT Group
VAT Group AG is a Switzerland-based manufacturer of high-performance vacuum technology. The company develops and supplies vacuum valves, modules, and related components used to control, isolate, and regulate vacuum environments in advanced manufacturing and research applications.
Its products include vacuum isolation, transfer, control, and process valves, as well as bellows, actuators, and integrated vacuum modules. These products are used in semiconductor and display manufacturing, solar and photovoltaic production, vacuum coating, industrial applications, and scientific research.
Founded in 1965, VAT serves customers internationally through manufacturing, sales, service, and support operations across major technology and industrial markets.
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