CochLear (OTCMKTS:CHEOY) Shares Gap Down – What’s Next?

Posted by on Sep 9th, 2026

CochLear Ltd. Unsponsored ADR (OTCMKTS:CHEOY – Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $50.5486, but opened at $47.9750. CochLear shares last traded at $47.9750, with a volume of 242 shares changing hands.

Analyst Ratings Changes

CHEOY has been the subject of several recent analyst reports. Jefferies Financial Group cut CochLear from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. Zacks Research upgraded shares of CochLear from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd. Royal Bank Of Canada lowered CochLear from an “outperform” rating to a “sector perform” rating and set a $117.00 price objective for the company. in a report on Thursday, July 16th. Finally, Canaccord Genuity Group cut shares of CochLear from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 18th. Six research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $117.00.

Read Our Latest Stock Report on CochLear

CochLear Price Performance

The stock’s 50 day simple moving average is $44.90 and its 200-day simple moving average is $47.46.

About CochLear

(Get Free Report)

Cochlear Limited provides implantable hearing solutions for children and adults worldwide. It offers cochlear implant systems, sound processor upgrades, bone conduction systems, accessories, and other products. Cochlear Limited was founded in 1981 and is headquartered in Sydney, Australia.

Further Reading

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