Demant A/S (OTCMKTS:WILYY) Stock Rating Cut to Hold at Zacks Research

Zacks Research cut shares of Demant A/S (OTCMKTS:WILYY) from a strong-buy rating to a hold rating in a report published on Monday,Zacks reports.

A number of other brokerages have also recently issued reports on WILYY. Sanford C. Bernstein cut shares of Demant A/S from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. UBS Group lowered shares of Demant A/S from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Finally, Morgan Stanley raised shares of Demant A/S from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, June 23rd. 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Demant A/S Stock Performance

WILYY stock opened at $24.80 on Monday. The business’s fifty day moving average price is $23.16 and its two-hundred day moving average price is $20.08. Demant A/S has a fifty-two week low of $13.45 and a fifty-two week high of $24.80.

Demant A/S Company Profile

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.