5 stories mentioning VACN.SWUpdated 13d ago
Every FINWIRES story that references VACN.SW, newest first.
AlphaValue/Baader Europe on Wednesday downgraded vacuum valve manufacturer VAT Group (VACN.SW) to sell from reduce and decreased its price target to 532.00 francs from 536.00 francs.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Morningstar on Tuesday initiated coverage of vacuum valve manufacturer VAT Group (VACN.SW) with a sell rating and a price target of 3.80 francs.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
The Swiss Market Index closed 0.38% higher on Tuesday, as investors took stock of the latest corporate updates and economic data releases that hit the market.The annual inflation rate in Switzerland rose to 0.6% in April 2026 from 0.3% in the previous month, hitting its highest level since December 2024, government data showed. On a monthly basis, consumer prices were 0.3% higher, against the prior 0.2% gain and the consensus estimate of a 0.4% rise."The 0.3% increase compared with the previous month is due to several factors including rising prices for petrol, diesel and heating oil. Prices for air transport also recorded a price increase, as did those for international package holidays," the Federal Statistical Office said. "In contrast, prices for hotels and supplementary accommodation decreased, as did those for car rental and car sharing."On the corporate side, Thomas Berden is set to step down as VAT Group's (VACN.SW) chief operating officer to pursue opportunities outside of the vacuum valves manufacturer. Berden will remain with the group until the early fourth quarter. At the end of the trading session, the Swiss stock added 3.21%.Meanwhile, Geberit's (GEBN.SW) net sales declined 0.7% year over year to 873 million francs, impacted by negative currency effects of 35 million francs, while net income rose 4.5% to 196 million francs. The Swiss sanitary products and bathroom ceramics manufacturer's shares were down 0.35% at closing."Geberit delivered Q1 results, with margins modestly ahead of expectations and FX-adjusted growth stronger than expected. While the print is reassuring, part of the growth likely benefited from pull-forward effects and management remains cautious, noting that the impact of current geopolitical tensions is still difficult to quantify," according to analysts at AlphaValue/Baader Europe. "Overall, Q1 supports the resilience of the model, though visibility on the underlying run-rate remains limited."
Goldman Sachs on Wednesday raised its rating on Swiss industrial company VAT Group (VACN.SW) to buy from neutral and increased its price target to 703 francs from 551 francs.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Swiss stocks staged a recovery on Friday, with the Swiss Market Index closing 1.92% in the green, amid fresh hopes that war in the Middle East will soon reach a resolution.Iran's foreign minister declared on X that the Strait of Hormuz is "completely open" for passage of all commercial vessels "for the remaining period of ceasefire," in line with the 10-day ceasefire agreement between Lebanon and Israel that is now in effect. Meanwhile, President Donald Trump said on the Truth Social platform the US naval blockade of Iranian ports will continue "until such time as our transaction with Iran is 100%."Back home, Switzerland signed an investment protection agreement with Bahrain on the sidelines of the World Bank Group and International Monetary Fund spring meetings in the US. The agreement will take effect following completion of internal approval procedures in both countries.Over to corporates, Berenberg increased its price target for VAT Group (VACN.SW) to 480 francs from 466 francs, with an unchanged hold rating on the stock, noting that underlying demand "continues to run hot." The Swiss vacuum valves maker's order intake reached 356 million francs in the first quarter, although deliveries were affected by disruptions caused by the Middle East war. The stock gained 6.09% at closing."Following its Q1 update, VAT struck a confident tone, reiterating that it feels comfortable with around CHF1.3bn of full-year consensus sales. However, the implied trajectory is anything but conservative. Based on Q2 guidance of CHF265m-295m, the setup clearly points to a back-end-loaded year, with a strong H2 required to bridge the gap," the research firm said in a note. "In our view, this guidance effectively assumes that production ramps, supply chains and customer deliveries all run without friction, which we consider to be a high bar in an environment that still lacks full visibility."Partners Group (PGHN.SW) also closed the session 3.38% higher as it concluded its eighth private equity secondaries program, securing more than $9 billion of total commitments from clients. The Swiss private equity giant's program is 60% committed, with a highly diversified investor base, including institutional investors across Europe, Asia-Pacific and the US.
