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

Key Points

• Citigroup has upgraded VAT Group's stock rating to "strong-buy", indicating significant confidence in the company's future performance.
• Several analysts, including those from Goldman Sachs, have recently revised their ratings on VAT Group, highlighting a shift from "hold" to "buy" and improving overall sentiment.
• The company's stock is currently trading around $45.09, with a notable 52-week range between $29.86 and $49.94.

VAT Group (OTCMKTS:VACNY - Get Free Report) was upgraded by investment analysts at Citigroup to a "strong-buy" rating in a research report issued on Tuesday,Zacks.com reports.

Other equities research analysts have also issued reports about the stock. The Goldman Sachs Group upgraded shares of VAT Group from a "hold" rating to a "buy" rating in a research note on Monday, September 1st. Zacks Research upgraded VAT Group from a "strong sell" rating to a "hold" rating in a report on Monday, September 22nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy".

VAT Group Price Performance

Shares of VAT Group stock opened at $45.09 on Tuesday. VAT Group has a 52-week low of $29.86 and a 52-week high of $49.94. The business's 50 day simple moving average is $37.35 and its 200 day simple moving average is $37.78.

VAT Group Company Profile

VAT Group AG, together with its subsidiaries, develops, manufactures, and supplies vacuum valves, multi-valve units, vacuum modules, and edge-welded metal bellows in Switzerland, rest of Europe, the United States, Japan, Korea, Singapore, China, rest of Asia, and internationally. It operates through two segments, Valves and Global Service.

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