Shares of CochLear Ltd. Unsponsored ADR (OTCMKTS:CHEOY – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $41.90, but opened at $44.36. CochLear shares last traded at $44.05, with a volume of 1,775 shares trading hands.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on CHEOY shares. Zacks Research raised shares of CochLear from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. UBS Group lowered shares of CochLear from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.
Read Our Latest Stock Analysis on CochLear
CochLear Trading Down 1.0%
CochLear Company Profile
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.
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