VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) Stock Rated “Hold” by Wall Street Brokerages

Shares of VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) have received a consensus recommendation of “Hold” from the nine research firms that are presently covering the company, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

Several analysts have recently issued reports on VACNY shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of VAT Group in a research report on Friday, July 10th. Jefferies Financial Group upgraded VAT Group from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, August 19th. Zacks Research lowered VAT Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. UBS Group restated a “buy” rating on shares of VAT Group in a research report on Tuesday, September 1st. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of VAT Group in a research report on Wednesday, July 29th.

VAT Group Stock Down 2.8%

OTCMKTS:VACNY opened at $76.14 on Monday. The firm’s 50 day moving average is $77.29 and its 200 day moving average is $77.22. VAT Group has a 12 month low of $38.62 and a 12 month high of $88.91.

About VAT Group

VAT Group AG is a Switzerland-based developer and manufacturer of high-vacuum technology. The company’s product portfolio includes vacuum valves, multi-valve modules, vacuum-management systems, and related components used to control and isolate vacuum environments.

Its products are primarily used in the semiconductor industry, including semiconductor manufacturing and related process equipment. VAT also serves customers in display production, solar and photovoltaic manufacturing, LED production, research, and other industrial applications that require precise vacuum control.

Founded in 1965, VAT Group is headquartered in Haag, Switzerland, and operates internationally through a global sales, service, and manufacturing network.