Sonova Holding (SONVY) – What Are Analysts Saying About This Stock?

Sonova Holding (OTCMKTS:SONVY) has earned an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research analysts have weighed in on the stock. UBS Group upgraded shares of Sonova from a “hold” rating to a “buy” rating in a research report on Wednesday, July 22nd. Morgan Stanley upgraded Sonova from an “underweight” rating to an “equal weight” rating in a report on Tuesday, June 23rd. The Goldman Sachs Group upgraded Sonova from a “hold” rating to a “buy” rating in a report on Thursday. Finally, Citigroup reissued a “sell” rating on shares of Sonova in a research note on Friday, July 24th.

Sonova Price Performance

Shares of SONVY opened at $63.91 on Tuesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.43 and a current ratio of 1.75. The business has a fifty day moving average of $58.64 and a 200 day moving average of $52.07. Sonova has a 52-week low of $42.26 and a 52-week high of $63.92.

About Sonova

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

The company’s portfolio includes well-known brands such as Phonak, Unitron and Advanced Bionics. Sonova also operates hearing-care retail businesses in several markets, serving customers through audiology clinics, specialist retailers and other distribution channels.

Founded in 1947 and headquartered in Stäfa, Switzerland, Sonova serves customers through operations and sales networks across Europe, North America, Asia-Pacific and other international markets.