Cochlear (OTCMKTS:CHEOY) Coverage Initiated at The Goldman Sachs Group

The Goldman Sachs Group assumed coverage on shares of Cochlear (OTCMKTS:CHEOY) in a research report sent to investors on Thursday, MarketBeat reports. The brokerage issued a neutral rating on the stock.

Cochlear Stock Performance

CHEOY opened at $94.16 on Thursday. The business has a fifty day simple moving average of $94.86 and a 200 day simple moving average of $99.80. Cochlear has a 1 year low of $89.39 and a 1 year high of $115.85.

Cochlear Company Profile

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.