CochLear Ltd. Unsponsored ADR (OTCMKTS:CHEOY – Get Free Report) shares hit a new 52-week low during trading on Wednesday . The company traded as low as $67.3150 and last traded at $68.35, with a volume of 112016 shares trading hands. The stock had previously closed at $68.95.
Wall Street Analysts Forecast Growth
Separately, Royal Bank Of Canada raised shares of CochLear from a “hold” rating to a “moderate buy” rating in a research note on Monday, January 19th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.
Read Our Latest Stock Report on CochLear
CochLear Price Performance
About CochLear
Cochlear Limited provides implantable hearing solutions for children and adults worldwide. It offers cochlear implant systems, sound processor upgrades, bone conduction systems, accessories, and other products. Cochlear Limited was founded in 1981 and is headquartered in Sydney, Australia.
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