CochLear Ltd. Unsponsored ADR (OTCMKTS:CHEOY - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $57.13, but opened at $60.72. CochLear shares last traded at $60.9150, with a volume of 7,780 shares traded.
Analysts Set New Price Targets
Separately, Royal Bank Of Canada raised 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 assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, CochLear presently has a consensus rating of "Buy".
Check Out Our Latest Research Report on CochLear
CochLear Price Performance
The company's 50-day simple moving average is $73.81 and its 200 day simple moving average is $85.03.
CochLear Company Profile
(
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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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