Sonova Holding (OTCMKTS:SONVY) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Sonova Holding (OTCMKTS:SONVY) have earned an average recommendation of “Hold” from the ten analysts that are currently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a strong buy rating on the company.

A number of brokerages have issued reports on SONVY. Sanford C. Bernstein raised Sonova from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 18th. Zacks Research raised Sonova from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Rothschild Redb raised Sonova from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th. Finally, BNP Paribas began coverage on Sonova in a research report on Monday. They issued an “underperform” rating on the stock.

Sonova Price Performance

SONVY opened at $55.34 on Tuesday. Sonova has a one year low of $52.83 and a one year high of $77.56. The business’s 50 day moving average price is $57.05 and its 200 day moving average price is $58.85. The company has a current ratio of 1.27, a quick ratio of 0.96 and a debt-to-equity ratio of 0.45.

About Sonova

Sonova Holding AG manufactures and sells hearing care solutions for adults and children in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hearing Instruments and Cochlear Implants segments. The Hearing Instruments segments engages in the design, development, manufacture, distribution, and service of hearing instruments and related products, as well as wireless headsets, speech-enhanced hearables, and audiophile headphones under the Phonak, Unitron, Hansaton, and Sennheiser brand names; and audiological care services under the AudioNova, Audium, Audition Santé, Boots Hearingcare, Connect Hearing, Geers, Hansaton, Lapperre, Schoonenberg, and Triton Hearing brands.