Demant A/S (OTCMKTS:WILLF) Trading 5% Higher

Shares of Demant A/S (OTCMKTS:WILLF – Get Rating) traded up 5% during mid-day trading on Wednesday . The stock traded as high as $41.16 and last traded at $41.16. 503 shares traded hands during mid-day trading, an increase of 72% from the average session volume of 293 shares. The stock had previously closed at $39.20.

Several equities research analysts recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Demant A/S from 306.00 to 313.00 and gave the company a “neutral” rating in a report on Wednesday, May 4th. Morgan Stanley cut their price objective on Demant A/S from 340.00 to 309.00 in a report on Tuesday, February 15th. Kepler Capital Markets upgraded Demant A/S from a “reduce” rating to a “hold” rating in a report on Friday, February 11th. Jefferies Financial Group started coverage on Demant A/S in a research note on Thursday, April 21st. They set a “buy” rating for the company. Finally, Stifel Nicolaus cut Demant A/S from a “buy” rating to a “hold” rating in a research note on Friday, February 25th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $311.00.

The company has a 50 day moving average of $39.94 and a 200 day moving average of $44.04.

About Demant A/S (OTCMKTS:WILLF)

Demant A/S, a hearing healthcare and audio technology company, develops, manufactures, and sells products and equipment to enhance people's hearing in Europe, North America, the Pacific, Asia, and internationally. It operates in two segments, Hearing Healthcare and Communications. The Hearing Healthcare segment offers hearing implants and aids, hearing care, and diagnostic products.

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