Demant A/S (OTCMKTS:WILYY) Raised to Strong-Buy at Zacks Research

Demant A/S (OTCMKTS:WILYY) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Tuesday, Zacks reports.

Other research analysts also recently issued research reports about the stock. 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. Jefferies Financial Group downgraded shares of Demant A/S from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, UBS Group lowered shares of Demant A/S from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. One equities 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 stock. Based on data from MarketBeat, Demant A/S presently has an average rating of “Moderate Buy”.

Demant A/S Price Performance

Shares of Demant A/S stock opened at $27.60 on Tuesday. The business has a 50-day simple moving average of $25.30 and a 200-day simple moving average of $19.75. Demant A/S has a one year low of $13.45 and a one 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.