VAT Group AG (OTCMKTS:VACNY) Receives Average Rating of “Hold” from Brokerages

VAT Group AG (OTCMKTS:VACNY) has been assigned a consensus recommendation of “Hold” from the six analysts that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $440.00.

VACNY has been the subject of several analyst reports. JPMorgan Chase & Co. restated a “neutral” rating on shares of VAT Group in a research report on Monday, October 18th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of VAT Group in a research report on Monday, October 18th. Credit Suisse Group restated an “underperform” rating on shares of VAT Group in a research report on Monday, August 23rd. UBS Group restated a “buy” rating on shares of VAT Group in a research report on Tuesday, September 7th. Finally, Royal Bank of Canada boosted their target price on shares of VAT Group from CHF 400 to CHF 440 and gave the company an “outperform” rating in a research report on Monday, October 18th.

OTCMKTS VACNY traded down $0.25 during trading on Thursday, reaching $48.32. The company’s stock had a trading volume of 659 shares, compared to its average volume of 2,725. VAT Group has a 12 month low of $24.20 and a 12 month high of $52.95. The firm has a 50 day moving average price of $46.63 and a 200 day moving average price of $40.09.

VAT Group Company Profile

VAT Group AG engages in the development, manufacture, and supply of vacuum valves. It operates through the following segments: Valves, Global Service, and Industry. The Valves segment offers vacuum valves for the semiconductor, displays, photovoltaic and vacuum coating industries, and industrial and research sector.

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Analyst Recommendations for VAT Group (OTCMKTS:VACNY)

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