Nobel Biocare Downgraded by Jefferies Group (NBHGY)
Nobel Biocare (NASDAQ:NBHGY) was downgraded by equities researchers at Jefferies Group from a “hold” rating to an “underperform” rating in a research report issued on Wednesday, TheFlyOnTheWall.com reports.
Shares of Nobel Biocare (NASDAQ:NBHGY) opened at 9.50 on Wednesday. Nobel Biocare has a 52 week low of $6.82 and a 52 week high of $9.99. The stock’s 50-day moving average is $8.50 and its 200-day moving average is $7.57. The company has a market cap of $2.326 billion and a P/E ratio of 35.13.
A number of other firms have also recently commented on NBHGY. Analysts at Deutsche Bank upgraded shares of Nobel Biocare from a “sell” rating to a “hold” rating in a research note on Friday, August 22nd. Analysts at Berenberg Bank downgraded shares of Nobel Biocare from a “buy” rating to a “hold” rating in a research note on Tuesday, August 19th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. Nobel Biocare has a consensus rating of “Hold”.
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