Demant A/S (OTCMKTS:WILYY) Shares Gap Up – Still a Buy?

Demant A/S Unsponsored ADR (OTCMKTS:WILYY – Get Free Report)’s share price gapped up before the market opened on Friday. The stock had previously closed at $23.14, but opened at $24.46. Demant A/S shares last traded at $24.46, with a volume of 325 shares.

Analysts Set New Price Targets

Several research firms have issued reports on WILYY. Zacks Research raised Demant A/S to a “hold” rating in a report on Friday, June 26th. Sanford C. Bernstein downgraded Demant A/S from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. Morgan Stanley upgraded shares of Demant A/S from an “equal weight” rating to an “overweight” rating in a report on Tuesday, June 23rd. Finally, UBS Group downgraded shares of Demant A/S from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Check Out Our Latest Research Report on Demant A/S

Demant A/S Stock Down 0.2%

The firm’s fifty day moving average is $22.58 and its 200-day moving average is $19.48.

About Demant A/S

(Get Free Report)

Demant A/S is a Denmark-based hearing healthcare company that develops, manufactures and distributes products and services designed to help people with hearing loss and other communication needs. The company serves consumers and hearing care professionals through activities spanning hearing aids, diagnostic equipment, hearing care services and specialized communications technology.

Its portfolio includes hearing aids and related software, audiological diagnostic instruments, and technologies used by hearing care professionals to assess and manage hearing conditions.

Further Reading

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