GN Store Nord A/S (OTCMKTS: GNNDY) Receives Consensus ‘Moderate Buy’ Rating from Analysts

GN Store Nord A/S (OTCMKTS: GNNDY – Get Rating) has been awarded a “Moderate Buy” consensus rating from the six rating agencies that currently cover the company, Marketbeat reports. Three research analysts rated the stock with a hold recommendation and three gave the company a buy recommendation. The 12-month average target price among analysts who have rated the stock over the past year is $299.00.

GNNDY has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. cut its price target on GN Store Nord A/S from 326.00 to 303.00 and set an “overweight” rating on the stock in a Monday, June 27 research report. Oddo Bhf upgraded GN Store Nord A/S from a ‘neutral’ rating to an ‘outperforming’ rating in a research report dated Wednesday 27 July. Finally, Credit Suisse Group reduced its price target on GN Store Nord A/S from 370.00 to 295.00 and set a “neutral” rating on the stock in a Friday May 6 research report.

Price performance of GN Store Nord A/S

GNNDY opened at $99.94 on Friday. The stock’s 50-day simple moving average is $101.83 and its 200-day simple moving average is $120.95. The company has a debt ratio of 1.53, a current ratio of 1.95 and a quick ratio of 1.64. GN Store Nord A/S has a 1 year minimum of $89.30 and a 1 year maximum of $242.80. The company has a market capitalization of $4.57 billion, a price-earnings ratio of 15.40 and a beta of 0.71.

About GN Store Nord A/S

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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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