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

VAT Group (OTCMKTS:VACNY) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Thursday,Zacks.com reports.

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

VAT Group Stock Up 0.8%

Shares of VACNY 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 business’s 50 day simple moving average is $81.41 and its 200-day simple moving average is $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.