Jefferies Financial Group Upgrades GN Store Nord A/S (OTCMKTS:GNNDY) to “Hold”

GN Store Nord A/S (OTCMKTS:GNNDY – Get Rating) was upgraded by stock analysts at Jefferies Financial Group from an “underperform” rating to a “hold” rating in a research report issued on Wednesday, The Fly reports.

A number of other equities analysts have also issued reports on GNNDY. Credit Suisse Group raised shares of GN Store Nord A/S from a “neutral” rating to an “outperform” rating in a research report on Tuesday, October 18th. Citigroup started coverage on shares of GN Store Nord A/S in a research note on Monday, December 12th. They set a “buy” rating on the stock. JPMorgan Chase & Co. dropped their price objective on shares of GN Store Nord A/S from 344.00 to 208.00 in a research note on Monday, November 7th. Finally, Morgan Stanley started coverage on shares of GN Store Nord A/S in a research note on Tuesday, October 18th. They set an “equal weight” rating on the stock. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, GN Store Nord A/S has an average rating of “Moderate Buy” and a consensus target price of $236.50.

GN Store Nord A/S Stock Performance

Shares of GN Store Nord A/S stock opened at $75.70 on Wednesday. The firm has a market capitalization of $3.46 billion, a P/E ratio of 32.35 and a beta of 1.05. The company has a quick ratio of 0.52, a current ratio of 0.87 and a debt-to-equity ratio of 1.49. The company has a 50 day moving average price of $71.13 and a 200 day moving average price of $77.13. GN Store Nord A/S has a 52 week low of $46.88 and a 52 week high of $187.35.

GN Store Nord A/S (OTCMKTS:GNNDY – Get Rating) last posted its quarterly earnings results on Friday, November 11th. The company reported $0.63 earnings per share (EPS) for the quarter. GN Store Nord A/S had a net margin of 3.88% and a return on equity of 10.43%. The company had revenue of $636.89 million during the quarter. Sell-side analysts expect that GN Store Nord A/S will post 4.45 EPS for the current year.

GN Store Nord A/S Company Profile

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GN Store Nord A/S develops, manufactures, and markets audio and video communications solutions for medical, professional, and consumer technology solutions 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.