Research Analysts’ Weekly Ratings Updates for Varta (VAR1)

Several analysts have recently updated their ratings and price targets for Varta (ETR: VAR1):

  • 2/18/2020 – Varta was given a new €67.00 ($77.91) price target on by analysts at Warburg Research. They now have a “sell” rating on the stock.
  • 2/18/2020 – Varta was given a new €63.00 ($73.26) price target on by analysts at Kepler Capital Markets. They now have a “sell” rating on the stock.
  • 2/17/2020 – Varta was given a new €110.00 ($127.91) price target on by analysts at Berenberg Bank. They now have a “buy” rating on the stock.
  • 2/12/2020 – Varta was given a new €63.00 ($73.26) price target on by analysts at Kepler Capital Markets. They now have a “sell” rating on the stock.
  • 1/28/2020 – Varta was given a new €54.00 ($62.79) price target on by analysts at Hauck & Aufhaeuser. They now have a “sell” rating on the stock.
  • 1/21/2020 – Varta was given a new €63.00 ($73.26) price target on by analysts at Kepler Capital Markets. They now have a “sell” rating on the stock.
  • 1/21/2020 – Varta was given a new €110.00 ($127.91) price target on by analysts at Berenberg Bank. They now have a “buy” rating on the stock.
  • 1/16/2020 – Varta was given a new €63.00 ($73.26) price target on by analysts at Warburg Research. They now have a “sell” rating on the stock.
  • 1/15/2020 – Varta was given a new €63.00 ($73.26) price target on by analysts at Kepler Capital Markets. They now have a “sell” rating on the stock.
  • 1/9/2020 – Varta was given a new €125.00 ($145.35) price target on by analysts at Berenberg Bank. They now have a “buy” rating on the stock.
  • 1/8/2020 – Varta was given a new €63.00 ($73.26) price target on by analysts at Warburg Research. They now have a “sell” rating on the stock.

Shares of VAR1 traded down €5.30 ($6.16) on Friday, hitting €67.70 ($78.72). The company’s stock had a trading volume of 794,269 shares. The company has a quick ratio of 1.86, a current ratio of 2.49 and a debt-to-equity ratio of 5.53. The firm’s fifty day moving average price is €81.94 and its 200-day moving average price is €93.02. Varta AG has a fifty-two week low of €34.46 ($40.07) and a fifty-two week high of €128.00 ($148.84). The firm has a market capitalization of $2.95 billion and a price-to-earnings ratio of 102.58.

Varta AG, through its subsidiaries, researches, develops, produces, and sells microbatteries and energy storage solutions worldwide. It operates through two segments, Microbatteries and Power & Energy. The Microbatteries segment offers zinc-air batteries for use in hearing aid devices; lithium-ion battery solutions for wireless headphones, and other wearable applications, as well as for electrical devices, including Bluetooth headsets and medical devices for high blood pressure, blood sugar, and body monitors; and rechargeable battery solutions for server applications, including car keys, alarm systems, or smart meters for industrial and original equipment manufacturers (OEMs).

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