Demant A/S (OTCMKTS:WILYY) Rating Lowered to “Hold” at Jefferies Financial Group

Demant A/S (OTCMKTS:WILYY) was downgraded by research analysts at Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a research note issued on Monday, Zacks reports.

WILYY has been the topic of a number of other research reports. UBS Group lowered Demant A/S from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. Zacks Research downgraded Demant A/S from a “strong-buy” rating to a “hold” rating in a report on Monday, October 12th. Finally, Sanford C. Bernstein lowered Demant A/S from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Demant A/S presently has a consensus rating of “Moderate Buy”.

Demant A/S Stock Performance

Shares of WILYY stock opened at $27.60 on Monday. Demant A/S has a fifty-two week low of $13.45 and a fifty-two week high of $29.41. The business has a fifty day simple moving average of $25.30 and a 200-day simple moving average of $19.75.

About Demant A/S

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.