Cochlear Limited (OTCMKTS:CHEOY - Get Free Report)'s share price reached a new 52-week low on Friday . The company traded as low as $83.50 and last traded at $84.64, with a volume of 8070 shares changing hands. The stock had previously closed at $96.34.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group started coverage on shares of Cochlear in a research report on Thursday, January 16th. They set a "neutral" rating for the company.
Check Out Our Latest Analysis on Cochlear
Cochlear Stock Performance
The firm has a 50 day simple moving average of $94.33 and a two-hundred day simple moving average of $97.50.
Cochlear Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Cochlear, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cochlear wasn't on the list.
While Cochlear currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
