VAT Group AG (OTCMKTS:VACNY) Given Average Rating of “Hold” by Analysts

Shares of VAT Group AG (OTCMKTS:VACNYGet Rating) have earned a consensus recommendation of “Hold” from the six ratings firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $393.33.

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

OTCMKTS VACNY opened at $27.00 on Thursday. VAT Group has a 52-week low of $26.18 and a 52-week high of $52.95. The company has a fifty day moving average of $34.60 and a 200-day moving average of $41.76.

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 two segments, Valves and Global Service. 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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Analyst Recommendations for VAT Group (OTCMKTS:VACNY)

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