VAT Group (OTCMKTS:VACNY) Upgraded by Zacks Research to “Hold” Rating

Zacks Research upgraded shares of VAT Group (OTCMKTS:VACNY) to a hold rating in a report released on Monday morning,Zacks.com reports.

Several other analysts have also recently issued reports on VACNY. Oddo Bhf cut VAT Group to a “neutral” rating in a research report on Thursday, January 22nd. Citigroup reiterated a “buy” rating on shares of VAT Group in a research report on Friday. Jefferies Financial Group cut VAT Group from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, January 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of VAT Group in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

VAT Group Trading Up 0.7%

OTCMKTS:VACNY opened at $75.06 on Monday. VAT Group has a 12-month low of $31.99 and a 12-month high of $75.68. The stock has a 50-day moving average price of $66.74 and a 200 day moving average price of $55.76.

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.