VAT Group (OTCMKTS:VACNY) Upgraded at Zacks Research

Zacks Research upgraded shares of VAT Group (OTCMKTS:VACNY) to a hold rating in a report published on Monday morning,Zacks.com reports.

A number of other equities analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of VAT Group in a research note on Friday, April 17th. Citigroup reissued a “buy” rating on shares of VAT Group in a research note on Friday, April 17th. Jefferies Financial Group cut VAT Group from a “hold” rating to a “moderate sell” rating in a research note on Tuesday, January 13th. Finally, Oddo Bhf cut VAT Group to a “neutral” rating in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

VAT Group Stock Down 0.2%

Shares of VAT Group stock opened at $74.90 on Monday. The business’s 50 day simple moving average is $66.91 and its two-hundred day simple moving average is $55.89. VAT Group has a one year low of $31.99 and a one year high of $75.68.

About VAT Group

VAT Group AG is a Switzerland-based manufacturer specializing in high-precision vacuum valves and related flow-control solutions for advanced technology industries. Its core products include gate valves, angle valves, slit valves and vacuum components designed to maintain ultra-high vacuum environments essential to semiconductor fabrication, flat-panel display manufacturing, scientific research and other industrial vacuum applications. In addition to standard product lines, VAT offers customized valve assemblies and integrated subsystems that address the stringent purity and reliability requirements of modern production processes.

Founded in 1965 and headquartered in Haag, Switzerland, VAT Group has grown into a global supplier serving customers across Europe, Asia and the Americas.