GN Store Nord A/S (OTCMKTS:GNNDY) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of GN Store Nord A/S (OTCMKTS:GNNDY – Get Rating) have been given a consensus recommendation of “Moderate Buy” by the nine research firms that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $208.00.

GNNDY has been the topic of a number of research analyst reports. Handelsbanken started coverage on shares of GN Store Nord A/S in a research report on Friday, April 21st. They set an “outperform” rating on the stock. Sanford C. Bernstein began coverage on GN Store Nord A/S in a research report on Friday, May 12th. They set a “market perform” rating on the stock. Finally, Jefferies Financial Group upgraded shares of GN Store Nord A/S from a “hold” rating to a “buy” rating in a research note on Tuesday, February 28th.

GN Store Nord A/S Stock Performance

GNNDY opened at $78.30 on Tuesday. The business has a fifty day simple moving average of $70.69 and a 200-day simple moving average of $71.16. The firm has a market cap of $3.58 billion, a PE ratio of 33.46 and a beta of 1.10. The company has a quick ratio of 0.52, a current ratio of 0.87 and a debt-to-equity ratio of 1.49. GN Store Nord A/S has a fifty-two week low of $46.88 and a fifty-two week high of $124.50.

About GN Store Nord A/S

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GN Store Nord A/S engages in the telecommunications and hearing instruments business. The firm operates through the GN Hearing, GN Audio, and Other GN segments. It facilitates communication between people through intelligent hearing, audio, video, and gaming technology. The company was founded by Carl Frederik Tietgen on June 1, 1869 and is headquartered in Ballerup, Denmark.