VAT Group (OTCMKTS:VACNY) Hits New 12-Month High – Should You Buy?

Shares of VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $87.13 and last traded at $87.13, with a volume of 6412 shares trading hands. The stock had previously closed at $85.96.

Analysts Set New Price Targets

VACNY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of VAT Group in a research report on Friday, April 17th. The Goldman Sachs Group upgraded shares of VAT Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 29th. Citigroup reissued a “buy” rating on shares of VAT Group in a research report on Friday, May 22nd. Finally, Zacks Research upgraded shares of VAT Group to a “hold” rating in a research note on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, VAT Group currently has a consensus rating of “Moderate Buy”.

VAT Group Stock Up 1.4%

The business has a fifty day moving average of $77.20 and a 200 day moving average of $66.23.

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.