VAT Group (OTCMKTS:VACNY) Upgraded to Strong-Buy at Zacks Research

Zacks Research upgraded shares of VAT Group (OTCMKTS:VACNY) from a hold rating to a strong-buy rating in a research report released on Thursday morning,Zacks.com reports.

VACNY has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of VAT Group in a report on Friday, July 10th. Citigroup reissued a “buy” rating on shares of VAT Group in a research note on Friday, May 22nd. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of VAT Group in a research note on Wednesday, July 29th. Finally, The Goldman Sachs Group upgraded VAT Group from a “neutral” rating to a “buy” rating in a report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

VAT Group Trading Up 0.8%

Shares of VACNY stock opened at $78.31 on Thursday. VAT Group has a 1 year low of $31.99 and a 1 year high of $88.91. The firm’s 50 day moving average is $81.41 and its 200-day moving average is $73.35.

VAT Group Company Profile

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.