Demant A/S (OTCMKTS:WILYY – Get Free Report) was downgraded by investment analysts at Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a report issued on Monday, Zacks reports.
A number of other equities analysts also recently issued reports on the stock. Zacks Research downgraded shares of Demant A/S from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 12th. UBS Group lowered shares of Demant A/S from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Finally, Sanford C. Bernstein downgraded shares of Demant A/S from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Demant A/S presently has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on WILYY
Demant A/S Trading Down 5.4%
Shares of Demant A/S stock opened at $27.60 on Monday. The firm’s 50-day moving average is $25.30 and its two-hundred day moving average is $19.75. Demant A/S has a 1 year low of $13.45 and a 1 year high of $29.41.
About Demant A/S
Demant A/S is a Denmark-based hearing healthcare company that develops and sells hearing aids, audiological diagnostic equipment, and related services. Its product portfolio includes hearing aids under brands such as Oticon and Bernafon, as well as equipment for hearing and balance assessment through Interacoustics. The company also operates hearing care businesses that provide hearing tests, fittings, and ongoing support to consumers. Through its products and services, Demant serves hearing care professionals and customers in markets around the world.
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