Royal Bank of Canada Upgrades Cochlear (OTCMKTS:CHEOY) to Hold

Cochlear (OTCMKTS:CHEOY) was upgraded by analysts at Royal Bank of Canada to a “hold” rating in a research note issued on Friday, Zacks.com reports.

Cochlear Price Performance

Shares of Cochlear stock opened at $103.96 on Friday. Cochlear has a twelve month low of $76.12 and a twelve month high of $115.85. The company’s fifty day moving average is $109.47 and its 200 day moving average is $108.11.

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.