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Nobel Biocare (NASDAQ:NBHGY) was downgraded by stock analysts at Berenberg Bank from a “buy” rating to a “hold” rating in a report issued on Tuesday, TheFlyOnTheWall.com reports.

Shares of Nobel Biocare (NASDAQ:NBHGY) opened at 9.23 on Tuesday. Nobel Biocare has a 1-year low of $6.73 and a 1-year high of $9.99. The stock’s 50-day moving average is $8.21 and its 200-day moving average is $7.50. The company has a market cap of $2.269 billion and a P/E ratio of 40.57.

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