Brokerages Set GN Store Nord A/S (OTCMKTS:GNNDY) Target Price at $208.00

Shares of GN Store Nord A/S (OTCMKTS:GNNDY – Get Rating) have been assigned a consensus rating of “Moderate Buy” from the nine analysts that are covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $208.00.

A number of equities research analysts recently weighed in on GNNDY shares. Sanford C. Bernstein started coverage on GN Store Nord A/S in a research note on Friday, May 12th. They issued a “market perform” rating on the stock. Jefferies Financial Group upgraded GN Store Nord A/S from a “hold” rating to a “buy” rating in a research note on Tuesday, February 28th. Finally, Handelsbanken started coverage on GN Store Nord A/S in a research report on Friday, April 21st. They set an “outperform” rating on the stock.

GN Store Nord A/S Stock Up 11.2 %

GNNDY opened at $79.75 on Tuesday. GN Store Nord A/S has a 1-year low of $46.88 and a 1-year high of $124.50. The stock’s fifty day simple moving average is $71.39 and its 200 day simple moving average is $71.26. The company has a current ratio of 0.87, a quick ratio of 0.52 and a debt-to-equity ratio of 1.49. The stock has a market cap of $3.65 billion, a PE ratio of 34.08 and a beta of 1.10.

GN Store Nord A/S Company Profile

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GN Store Nord A/S engages in the telecommunications and hearing instruments business. The firm operates through the GN Hearing, GN Audio, and Other GN segments. It facilitates communication between people through intelligent hearing, audio, video, and gaming technology. The company was founded by Carl Frederik Tietgen on June 1, 1869 and is headquartered in Ballerup, Denmark.