SONOVA HLDG AG/ADR (OTCMKTS:SONVY) Given “Hold” Rating at Deutsche Bank

Deutsche Bank reaffirmed their hold rating on shares of SONOVA HLDG AG/ADR (OTCMKTS:SONVY) in a report published on Tuesday morning, The Fly reports. SONVY has been the subject of a number of other reports. Morgan Stanley upgraded SONOVA HLDG AG/ADR from an underweight rating to an equal weight rating in […]

Deutsche Bank reaffirmed their hold rating on shares of SONOVA HLDG AG/ADR (OTCMKTS:SONVY) in a report published on Tuesday morning, The Fly reports.

SONVY has been the subject of a number of other reports. Morgan Stanley upgraded SONOVA HLDG AG/ADR from an underweight rating to an equal weight rating in a report on Monday, July 27th. Zacks Investment Research raised shares of SONOVA HLDG AG/ADR from a strong sell rating to a hold rating in a report on Wednesday, June 10th. Finally, UBS Group reissued a neutral rating on shares of SONOVA HLDG AG/ADR in a report on Tuesday. One investment analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. SONOVA HLDG AG/ADR presently has a consensus rating of Hold.

Shares of SONOVA HLDG AG/ADR stock opened at $50.48 on Tuesday. The business has a 50-day moving average price of $46.74 and a 200 day moving average price of $41.65. SONOVA HLDG AG/ADR has a fifty-two week low of $29.41 and a fifty-two week high of $52.08. The firm has a market cap of $16.35 billion, a P/E ratio of 33.88 and a beta of 0.76. The company has a quick ratio of 0.87, a current ratio of 1.11 and a debt-to-equity ratio of 0.39.

About SONOVA HLDG AG/ADR

Sonova Holding AG designs, develops, manufactures, and distributes hearing systems for adults and children with hearing impairment. It offers hearing instruments, cochlear implants, wireless communication products, and rechargeable hearing aids, as well as professional audiological care services. The company provides hearing instruments under the Phonak, Unitron, and Hansaton brand names; cochlear implants under the Advanced Bionics brand; and professional hearing care services under the AudioNova, Audium, AuditionSanté, Boots Hearingcare, Connect Hearing, Fiebing, Geers, Hansaton, Lapperre, Lindacher, Schoonenberg, Triton, and Vitakustik brands.

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Analyst Recommendations for SONOVA HLDG AG/ADR (OTCMKTS:SONVY)

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