Research Analysts’ Recent Ratings Changes for Varta (VAR1)

Several brokerages have updated their recommendations and price targets on shares of Varta (ETR: VAR1) in the last few weeks:

  • 4/7/2022 – Varta was given a new €74.00 ($80.43) price target on by analysts at Stifel Nicolaus.
  • 4/5/2022 – Varta was given a new €105.00 ($114.13) price target on by analysts at Berenberg Bank.
  • 4/1/2022 – Varta was given a new €113.00 ($122.83) price target on by analysts at Warburg Research.
  • 4/1/2022 – Varta was given a new €113.00 ($122.83) price target on by analysts at JPMorgan Chase & Co..

VAR1 stock opened at €90.22 ($98.07) on Tuesday. The company has a debt-to-equity ratio of 20.66, a current ratio of 0.98 and a quick ratio of 0.46. Varta AG has a one year low of €78.50 ($85.33) and a one year high of €165.90 ($180.33). The stock has a market cap of $3.65 billion and a PE ratio of 39.23. The firm has a 50 day simple moving average of €91.70 and a two-hundred day simple moving average of €106.71.

Varta AG, through its subsidiaries, researches, develops, produces, and sells microbatteries, household batteries, and energy storage solutions worldwide. It operates through two segments, Microbatteries & Solutions and Household batteries. The Microbatteries & Solutions segment offers zinc-air batteries for use in hearing aid devices; lithium-ion battery solutions for wireless headphones, and other wearable applications, as well as for electrical devices, including Bluetooth headsets and medical devices for measuring high blood pressure, blood sugar, and other bodily functions, as well as power supply for Covid-19 antibody tests; and rechargeable battery solutions for use in applications, such as servers, car keys, alarm systems and smart meters, and others for industrial and original equipment manufacturers.

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