VAT Group AG (OTCMKTS:VACNY) Receives Consensus Recommendation of “Hold” from Brokerages

VAT Group AG (OTCMKTS:VACNY – Get Rating) has earned a consensus recommendation of “Hold” from the six ratings firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $393.33.

A number of research analysts recently commented on VACNY shares. UBS Group lowered their price target on shares of VAT Group from CHF 450 to CHF 420 in a report on Thursday, February 24th. Berenberg Bank raised shares of VAT Group from a “hold” rating to a “buy” rating in a research note on Tuesday, January 25th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of VAT Group from CHF 400 to CHF 320 in a research note on Wednesday, March 9th.

Shares of OTCMKTS:VACNY opened at $35.86 on Friday. VAT Group has a 12 month low of $26.43 and a 12 month high of $52.95. The company has a 50-day moving average price of $36.68 and a 200 day moving average price of $43.10.

About VAT Group (Get Rating)

VAT Group AG, together with its subsidiaries, develops, manufactures, and supplies vacuum valves in Switzerland, rest of Europe, the United States, Japan, Korea, Singapore, China, rest of Asia, and internationally. The company operates through three segments: Valves, Global Service, and Industry. The Valves segment offers vacuum valves for the semiconductor, displays, photovoltaics, and vacuum coating industries, as well as for the industrial and research sectors.

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