The Goldman Sachs Group Initiates Coverage on Cochlear (OTCMKTS:CHEOY)

Stock analysts at The Goldman Sachs Group assumed coverage on shares of Cochlear (OTCMKTS:CHEOY) in a report issued on Thursday,Briefing.com Automated Import reports. The brokerage set a “neutral” rating on the stock.

Cochlear Price Performance

Shares of Cochlear stock opened at $96.59 on Thursday. The stock has a 50-day moving average price of $94.93 and a 200 day moving average price of $99.84. Cochlear has a 1 year low of $89.39 and a 1 year high of $115.85.

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.