Demant A/S (OTCMKTS:WILYY) Stock Bumped Down to “Hold” by Jefferies Financial Group

Jefferies Financial Group lowered shares of Demant A/S (OTCMKTS:WILYY) from a strong-buy rating to a hold rating in a research report released on Monday,Zacks reports.

A number of other research analysts have also recently commented on the stock. Sanford C. Bernstein cut shares of Demant A/S from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. Zacks Research lowered shares of Demant A/S from a “strong-buy” rating to a “hold” rating in a report on Monday, October 12th. Finally, UBS Group cut shares of Demant A/S from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Demant A/S Stock Down 5.4%

OTCMKTS:WILYY opened at $27.60 on Monday. The stock’s 50-day simple moving average is $25.30 and its 200 day simple moving average is $19.75. Demant A/S has a twelve month low of $13.45 and a twelve month high of $29.41.

Demant A/S Company Profile

Demant A/S is a Denmark-based hearing healthcare company that develops and sells hearing aids, audiological diagnostic equipment, and related services. Its product portfolio includes hearing aids under brands such as Oticon and Bernafon, as well as equipment for hearing and balance assessment through Interacoustics. The company also operates hearing care businesses that provide hearing tests, fittings, and ongoing support to consumers. Through its products and services, Demant serves hearing care professionals and customers in markets around the world.