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UBS AG initiated coverage on shares of ViaSystems Group (NASDAQ:VIAS) in a research note issued on Friday, ARN reports. The firm set a “buy” rating and a $17.00 price target on the stock. UBS AG’s price target points to a potential upside of 27.53% from the company’s current price.

Shares of ViaSystems Group (NASDAQ:VIAS) traded up 0.30% on Friday, hitting $13.37. 5,423 shares of the company’s stock traded hands. ViaSystems Group has a 1-year low of $10.40 and a 1-year high of $20.06. The stock’s 50-day moving average is $13.31 and its 200-day moving average is $14.25. The company’s market cap is $269.7 million.

ViaSystems Group (NASDAQ:VIAS) last released its earnings data on Wednesday, November 6th. The company reported ($0.31) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.03 by $0.34. Analysts expect that ViaSystems Group will post $-0.87 EPS for the current fiscal year.

Separately, analysts at Canaccord Genuity initiated coverage on shares of ViaSystems Group in a research note to investors on Friday. They set a “buy” rating and a $17.00 price target on the stock.

Viasystems Group, Inc (NASDAQ:VIAS) is a provider of multi-layer printed circuit boards (PCBs) and electromechanical solutions (E-M Solutions).

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