GN Store Nord A/S (OTCMKTS:GNNDY) Upgraded by Zacks Investment Research to “Hold”

Zacks Investment Research upgraded shares of GN Store Nord A/S (OTCMKTS:GNNDY) from a sell rating to a hold rating in a report published on Thursday morning, Zacks.com reports.

According to Zacks, “GN Store Nord A/S offers medical hearing instruments, professional and consumer headsets. The Company’s operating segments include GN Netcom, GN ReSound and Others. GN Netcom segment sells hands-free communications solutions in the form of headsets for mobile phones and traditional phones. GN ReSound segment operates within the hearing instrument industry, and produces and sells hearing healthcare instruments and related products. It offers hearing aids and accessories under the ReSound, Beltone and Interton brand names. GN Store Nord A/S is based in Ballerup, Denmark. “

Other equities research analysts also recently issued reports about the stock. Credit Suisse Group downgraded shares of GN Store Nord A/S from an outperform rating to a neutral rating in a report on Friday, April 16th. Morgan Stanley reaffirmed an overweight rating on shares of GN Store Nord A/S in a research note on Tuesday. Finally, JPMorgan Chase & Co. reaffirmed a neutral rating on shares of GN Store Nord A/S in a research note on Friday, May 7th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of $307.00.

GN Store Nord A/S stock opened at $260.80 on Thursday. The business’s 50-day moving average price is $254.37. The company has a market capitalization of $12.01 billion, a price-to-earnings ratio of 43.54 and a beta of 0.52. The company has a quick ratio of 1.11, a current ratio of 1.47 and a debt-to-equity ratio of 0.92. GN Store Nord A/S has a one year low of $158.85 and a one year high of $278.45.

About GN Store Nord A/S

GN Store Nord A/S develops, manufactures, and markets audio and video communications solutions for medical, professional, and consumer segments in Denmark, rest of Europe, North America, and internationally. It operates in two segments, GN Hearing and GN Audio. The GN Hearing segment produces and sells hearing instruments and products.

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