VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $80.2860 and last traded at $80.2860, with a volume of 971 shares changing hands. The stock had previously closed at $77.1634.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on VACNY. Citigroup reaffirmed a “buy” rating on shares of VAT Group in a research note on Friday, May 22nd. Zacks Research upgraded VAT Group to a “hold” rating in a research report on Monday, April 20th. The Goldman Sachs Group raised VAT Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of VAT Group in a research note on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, VAT Group currently has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Analysis on VACNY
VAT Group Stock Up 1.9%
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.
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