VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) Stock Now Rated “Hold” by Wall Street Brokerages

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) has been assigned a consensus recommendation of “Hold” from the nine research firms that are currently covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.

VACNY has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of VAT Group in a research note on Friday, July 10th. Jefferies Financial Group upgraded shares of VAT Group from a “moderate sell” rating to a “hold” rating in a report on Wednesday, August 19th. UBS Group reiterated a “buy” rating on shares of VAT Group in a report on Tuesday, September 1st. Royal Bank Of Canada restated a “sector perform” rating on shares of VAT Group in a research note on Wednesday, July 29th. Finally, Zacks Research lowered shares of VAT Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd.

VAT Group Stock Down 4.6%

Shares of VACNY opened at $63.14 on Friday. The firm’s 50 day moving average price is $75.19 and its 200 day moving average price is $74.04. VAT Group has a twelve month low of $38.62 and a twelve month high of $88.91.

VAT Group Company Profile

VAT Group AG is a Switzerland-based manufacturer of high-performance vacuum technology. The company develops and produces vacuum valves, modules, seals, bellows, and related components used to control, isolate, and manage vacuum environments in advanced manufacturing and research applications.

Its products are primarily used in semiconductor manufacturing, including processes for producing memory and logic chips, as well as in displays, solar cells, and other thin-film applications. VAT also serves industrial and scientific customers whose operations require specialized vacuum systems and precision components.

Founded in 1965, VAT Group is headquartered in Haag, Switzerland, and serves customers through an international sales, service, and production network.