A number of other equities research analysts have also weighed in on VAR1. Berenberg Bank set a €95.00 ($100.00) target price on shares of Varta in a report on Thursday, May 19th. Stifel Nicolaus set a €74.00 ($77.89) target price on shares of Varta in a report on Thursday, April 7th. Warburg Research set a €95.00 ($100.00) target price on shares of Varta in a report on Friday, May 13th. Finally, JPMorgan Chase & Co. set a €95.00 ($100.00) target price on shares of Varta in a report on Friday, May 13th.
VAR1 opened at €84.00 ($88.42) on Monday. The company has a debt-to-equity ratio of 18.29, a current ratio of 1.55 and a quick ratio of 0.92. Varta has a fifty-two week low of €67.88 ($71.45) and a fifty-two week high of €165.90 ($174.63). The firm has a market capitalization of $3.40 billion and a PE ratio of 31.54. The company’s 50-day moving average is €83.63 and its 200 day moving average is €93.62.
Varta AG, through its subsidiaries, researches, develops, produces, and sells microbatteries, household batteries, and energy storage solutions worldwide. It operates in two segments, Lithium-Ion Solutions & Microbatteries and Household Batteries. The Lithium-Ion Solutions & Microbatteries segment offers zinc-air batteries primarily for use in hearing aid devices; lithium-ion battery solutions for wireless headphones; wearables, which include medical devices to measure hypertension, blood sugar, and other bodily functions, as well as the power supply for COVID19 antibody tests; and rechargeable battery solutions for industrial and original equipment manufacturers for use in various applications, such as servers, car keys, alarm systems, or smart meters.
- It’s A Comfortable Time To Buy Steelcase
- Worthington Posts Strong Results, But Earnings Fall On One-Off Adjustments
- A Tasty Entry Point Into Darden Restaurants International
- NXP Semiconductors: Strong Earnings & New Microcontrollers for Electric Vehicles
- Lithium Stocks Are Offering Unprecedented Opportunity To Investors
Receive News & Ratings for Varta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Varta and related companies with MarketBeat.com's FREE daily email newsletter.