GN Store Nord A/S (OTCMKTS: GNNDY) Price target lowered to 295.00 at Credit Suisse Group
GN Store Nord A/S (OTCMKTS: GNNDY – Get Review) saw its price target reduced by Credit Suisse Group equity researchers from 370.00 to 295.00 in a research note released Friday to investors, reports The Fly. The brokerage currently has a “neutral” rating on the stock.
A number of other brokerages have also recently published reports on GNNDY. Zacks Investment Research upgraded GN Store Nord A/S from a “hold” rating to a “buy” rating and set a target price of $135.00 for the company in a Wednesday, April 13 report. JPMorgan Chase & Co. raised its price target on GN Store Nord A/S from 522.00 to 538.00 and gave the stock an “overweight” rating in a Tuesday, March 29 report. Finally, the Goldman Sachs group upgraded GN Store Nord A/S from a “neutral” rating to a “buy” rating in a report on Thursday 20 January. Three analysts rated the stock with a hold rating and three gave the company a buy rating. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $322.67.
Shares of OTCMKTS:GNNDY fell $11.22 during Friday trading, hitting $100.88. 6,019 shares were traded, against an average volume of 1,853. The company has a leverage ratio of 1.53, a quick ratio of 1.64 and a current ratio of 1.95. GN Store Nord A/S has a 12 month minimum of $97.26 and a 12 month maximum of $286.11. The company has a market capitalization of $4.61 billion, a price-earnings ratio of 13.38 and a beta of 0.70. The company’s 50-day moving average price is $132.47 and its 200-day moving average price is $162.84.
Company Profile GN Store Nord A/S (Get a rating)
GN Store Nord A/S develops, manufactures and markets audio and video communication solutions for medical, professional and consumer technology solutions in Denmark, the rest of Europe, North America and internationally. It operates in two segments, GN Hearing and GN Audio. The GN Hearing segment produces and sells hearing aids and hearing products.
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