VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) have been assigned an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

VACNY has been the subject of a number of research analyst reports. Citigroup reiterated a “buy” rating on shares of VAT Group in a report on Friday, April 17th. Oddo Bhf lowered VAT Group to a “neutral” rating in a research note on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of VAT Group in a research note on Friday, April 17th. The Goldman Sachs Group raised VAT Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 29th. Finally, Zacks Research raised VAT Group to a “hold” rating in a research note on Monday, April 20th.

VAT Group Trading Down 0.4%

OTCMKTS VACNY opened at $76.71 on Friday. VAT Group has a twelve month low of $31.99 and a twelve month high of $79.98. The stock has a fifty day simple moving average of $70.00 and a 200-day simple moving average of $60.28.

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.