Sonova Holding (OTCMKTS:SONVY) Stock Rated “Hold” by Wall Street Analysts

Shares of Sonova Holding (OTCMKTS:SONVY) have been assigned an average rating of “Hold” from the seven research firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

A number of brokerages have commented on SONVY. Citigroup reaffirmed a “sell” rating on shares of Sonova in a report on Friday, July 24th. UBS Group cut shares of Sonova from a “strong-buy” rating to a “hold” rating in a research note on Monday. Finally, The Goldman Sachs Group raised Sonova from a “hold” rating to a “buy” rating in a report on Thursday, October 8th.

Sonova Trading Up 4.0%

Shares of OTCMKTS:SONVY opened at $71.05 on Friday. The firm’s 50 day moving average price is $61.71 and its 200-day moving average price is $53.42. Sonova has a twelve month low of $42.26 and a twelve month high of $71.11. The company has a current ratio of 1.75, a quick ratio of 1.43 and a debt-to-equity ratio of 0.51.

Sonova Company Profile

Sonova Holding AG is a Switzerland-based hearing-care company that develops, manufactures and distributes solutions for people with hearing loss. Its portfolio includes hearing aids, cochlear implants, hearing implants, wireless communication products and related accessories and services.

The company markets products under several brands, including Phonak, Unitron and Advanced Bionics. Sonova also operates hearing-care businesses and retail networks that provide hearing assessments, device fitting, rehabilitation support and after-sales services.