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

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

Other analysts also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of VAT Group in a research report on Friday, July 10th. Citigroup reiterated a “buy” rating on shares of VAT Group in a research report on Friday, May 22nd. Royal Bank Of Canada reissued a “sector perform” rating on shares of VAT Group in a research note on Wednesday, July 29th. Finally, The Goldman Sachs Group upgraded shares of 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 assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

VAT Group Trading Up 0.8%

Shares of VACNY stock opened at $78.31 on Thursday. VAT Group has a fifty-two week low of $31.99 and a fifty-two week high of $88.91. The stock has a 50 day simple moving average of $81.41 and a two-hundred day simple moving average of $73.35.

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.