Jefferies Upgrades VAT Group AG Rating; RBC Reiterates Rating
What happened
Jefferies Financial Group upgraded VAT Group AG from a “moderate sell” rating to a “hold” rating in a report released on August 19th. Royal Bank of Canada reiterated a “sector perform” rating on the company’s shares on July 29th. MarketBeat reports that nine research firms currently covering VAT Group AG give the stock an average rating of “Hold”.
From dailypolitical.com
Why it matters
The rating changes from Jefferies Financial Group and Royal Bank of Canada reflect shifts in market sentiment regarding VAT Group AG. As a manufacturer of high-performance vacuum technology, the company's valuation is tied to investor confidence and industry performance in Europe.
From dailypolitical.com
Who's involved
- VAT Group AGSwitzerland-based manufacturer of high-performance vacuum technology
- Royal Bank of CanadaFinancial institution that reiterated a rating on VAT Group AG
- Jefferies Financial GroupFinancial services company that upgraded the rating of VAT Group AG
Keep exploring
The entities involved
-
VAT Group AG
Swiss Company
Nothing else this week.
-
Royal Bank of Canada
financial institution in Canada
-
Jefferies Financial Group
American financial services company