Straumann Holding AG (OTCMKTS:SAUHY – Get Free Report)’s stock price gapped up prior to trading on Friday. The stock had previously closed at $11.71, but opened at $12.4223. Straumann shares last traded at $11.78, with a volume of 9,853 shares.
Analysts Set New Price Targets
Several research analysts have recently weighed in on SAUHY shares. Deutsche Bank Aktiengesellschaft downgraded Straumann from a “buy” rating to a “hold” rating in a research note on Friday, August 21st. BMO Capital Markets initiated coverage on shares of Straumann in a research report on Wednesday, July 8th. They set an “outperform” rating for the company. UBS Group raised shares of Straumann from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 1st. Citigroup reiterated a “sell” rating on shares of Straumann in a research report on Wednesday, October 21st. Finally, Berenberg Bank upgraded Straumann to a “strong-buy” rating in a research report on Thursday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.
Get Our Latest Research Report on Straumann
Straumann Price Performance
The firm’s 50-day moving average is $11.42 and its 200-day moving average is $11.66.
About Straumann
Straumann Group is a Switzerland-based dental technology company headquartered in Basel. Founded in 1954, the company develops, manufactures and distributes products used in tooth replacement, restorative dentistry and oral tissue regeneration. Its offerings are designed for dental professionals, laboratories and patients across a range of clinical applications.
The company’s portfolio includes dental implants, implant-supported prosthetics, biomaterials for bone and tissue regeneration, orthodontic aligners and digital dentistry solutions.
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