Varta (OTCMKTS:VARGF) PT Lowered to €95.00 at JPMorgan Chase & Co.

Varta (OTCMKTS:VARGFGet Rating) had its price target cut by research analysts at JPMorgan Chase & Co. from €113.00 ($118.95) to €95.00 ($100.00) in a report issued on Sunday, The Fly reports.

Shares of VARGF opened at $101.75 on Friday. The firm has a 50 day moving average of $103.55 and a 200 day moving average of $116.98. Varta has a twelve month low of $101.75 and a twelve month high of $171.77.

Varta Company Profile (Get Rating)

Varta AG, through its subsidiaries, researches, develops, produces, and sells microbatteries, household batteries, and energy storage solutions worldwide. It operates in two segments, Lithium-Ion Solutions & Microbatteries and Household Batteries. The Lithium-Ion Solutions & Microbatteries segment offers zinc-air batteries primarily for use in hearing aid devices; lithium-ion battery solutions for wireless headphones; wearables, which include medical devices to measure hypertension, blood sugar, and other bodily functions, as well as the power supply for COVID19 antibody tests; and rechargeable battery solutions for industrial and original equipment manufacturers for use in various applications, such as servers, car keys, alarm systems, or smart meters.

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