VAT Group AG (OTCMKTS:VACNY) has been given an average recommendation of “Hold” by the six brokerages that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $440.00.
Several equities research analysts have recently weighed in on the company. Royal Bank of Canada increased their price target on VAT Group from CHF 400 to CHF 440 and gave the stock an “outperform” rating in a report on Monday, October 18th. JPMorgan Chase & Co. restated a “neutral” rating on shares of VAT Group in a report on Monday, October 18th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of VAT Group in a report on Monday, October 18th.
Shares of OTCMKTS:VACNY traded down $6.07 during trading on Friday, hitting $42.71. The company had a trading volume of 396 shares, compared to its average volume of 570. VAT Group has a one year low of $26.43 and a one year high of $52.95. The company has a fifty day simple moving average of $49.16 and a two-hundred day simple moving average of $44.49.
VAT Group AG engages in the development, manufacture, and supply of vacuum valves. It operates through the following segments: Valves, Global Service, and Industry. The Valves segment offers vacuum valves for the semiconductor, displays, photovoltaic and vacuum coating industries, and industrial and research sector.
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