Juergen Wagner, an analyst at Stifel Nicolaus, maintained the Hold score on TVA Group AG (VTTGF – Research Report) and set a price target of CHF 440. 00.
In a report published on July 12, Exane BNP Paribas also initiated a policy with a Keep in stock score with a price target of CHF 528. 00.
TVA Group AG (VTTGF) Company Description:
TVA Group AG is committed to the development, manufacture and supply of vacuum valves. It operates through the following segments: valves, global service, and industry. The Valves segment offers vacuum valves for the semiconductor, display, photovoltaic, and vacuum coating industries. as well as for the commercial and research sector. The Global Services segment supplies locally trained personnel to consumers and offers spare parts, repairs, and upgrades. The Industry segment includes the activities of Comvat, which produces welded edge bellows and specializes in process automation; and Sysmec, which manufactures mechanical parts and factors in the medium-duty sector. The company was founded by Siegfried Schertler in 1965 and is headquartered in The Hague, Switzerland.