VAT Group (OTCMKTS:VACNY) Upgraded by Zacks Research to “Strong-Buy” Rating

VAT Group (OTCMKTS:VACNY – Get Free Report) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Thursday,Zacks.com reports.

VACNY has been the subject of a number of other research reports. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of VAT Group in a report on Wednesday, July 29th. Citigroup reaffirmed a “buy” rating on shares of VAT Group in a report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of VAT Group in a report on Friday, July 10th. Finally, The Goldman Sachs Group raised VAT Group from a “neutral” rating to a “buy” rating in a report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, VAT Group presently has a consensus rating of “Moderate Buy”.

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VAT Group Stock Performance

OTCMKTS:VACNY opened at $78.31 on Thursday. The company’s 50-day simple moving average is $81.41 and its 200-day simple moving average is $73.35. VAT Group has a fifty-two week low of $31.99 and a fifty-two week high of $88.91.

About VAT Group

(Get Free Report)

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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