Sonova Holding (OTCMKTS:SONVY – Get Free Report) hit a new 52-week high on Monday. The stock traded as high as $64.52 and last traded at $64.52, with a volume of 252 shares. The stock had previously closed at $61.8070.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on SONVY. The Goldman Sachs Group upgraded shares of Sonova from a “hold” rating to a “buy” rating in a research report on Thursday, October 8th. Morgan Stanley upgraded shares of Sonova from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, June 23rd. Citigroup restated a “sell” rating on shares of Sonova in a research report on Friday, July 24th. Finally, UBS Group upgraded shares of Sonova from a “hold” rating to a “buy” rating in a research note on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Sonova currently has an average rating of “Moderate Buy”.
View Our Latest Report on SONVY
Sonova Stock Performance
Sonova Company Profile
Sonova Holding AG is a Switzerland-based hearing-care company that develops, manufactures and distributes solutions for people with hearing loss. Its products and services include hearing aids, cochlear implants, wireless communication systems and related accessories, as well as professional hearing-care services.
The company’s portfolio includes well-known brands such as Phonak, Unitron and Advanced Bionics. Sonova also operates hearing-care retail businesses in several markets, serving customers through audiology clinics, specialist retailers and other distribution channels.
Founded in 1947 and headquartered in Stäfa, Switzerland, Sonova serves customers through operations and sales networks across Europe, North America, Asia-Pacific and other international markets.
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