Sonova Holding Ag (SONVY) Upgraded to Buy at Zacks Investment Research
Sonova Holding Ag (NASDAQ:SONVY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Saturday. The firm currently has a $39.00 target price on the stock.
According to Zacks, “Sonova Holding AG is a manufacturer of hearing care solutions. The company’s operating business brands consists of Phonak, Unitron, Advanced Bionics and AudioNova. Its product portfolio consists of hearing instruments and cochlear implants to wireless communication solutions. Sonova Holding AG is headquartered in Stäfa, Switzerland. “
Shares of Sonova Holding Ag (NASDAQ SONVY) opened at 34.72 on Friday. The company has a market capitalization of $11.34 billion and a PE ratio of 31.28. The firm’s 50-day moving average is $33.41 and its 200 day moving average is $31.16. Sonova Holding Ag has a 12 month low of $22.70 and a 12 month high of $35.53.
COPYRIGHT VIOLATION WARNING: “Sonova Holding Ag (SONVY) Upgraded to Buy at Zacks Investment Research” was published by American Banking News and is owned by of American Banking News. If you are accessing this piece on another domain, it was stolen and republished in violation of US & international copyright & trademark laws. The original version of this piece can be read at https://www.americanbankingnews.com/2017/09/16/sonova-holding-ag-sonvy-upgraded-to-buy-at-zacks-investment-research.html.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Sonova Holding Ag Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonova Holding Ag and related companies with MarketBeat.com's FREE daily email newsletter.