Jyske Bank Upgrades GN Store Nord to ‘Buy’ Rating, Reversing Prior Downgrade

On September 23, 2026, Jyske Bank upgraded its rating on GN Store Nord A (OTCPK:GNNDY) (DB:GNN0) from “Hold” to “Buy.”

This recent upgrade reverses the firm’s previous action on July 13, 2026, when it had downgraded the stock from “Buy” to “Hold.”

Headquartered in Denmark, GN Store Nord A/S primarily operates within the global communication and hearing solutions sectors. The company is structured around two core business segments: GN Hearing and GN Audio. GN Hearing is dedicated to the development and manufacturing of advanced hearing aids and audiological equipment. Meanwhile, GN Audio is recognized for its innovative audio solutions, particularly under the Jabra brand, which provides a diverse array of headsets and speakerphones for both professional and consumer markets. The firm is widely noted for its substantial investments in research and development, driving continuous innovation in acoustic technology, wireless connectivity, and integrated software solutions designed to enhance user experiences across various audio environments.

Additionally, aggregate consensus target price data indicates a current mean target of $53.85 and a median of $53.79 as of June 8, 2026. This reflects a downward revision of 11.16% from the previous consensus target mean of $60.61 recorded on February 26, 2026.

As of the recommendation period ending September 1, 2026, the aggregate analyst breakdown includes 7 strong buy, 8 buy, 8 hold, and 1 strong sell ratings, totaling 24 recommendations. This results in a positive recommendation rate of 62.5%, a hold rate of 33.3%, and a negative rate of 4.2%. During the previous recommendation period dated August 1, 2026, there were 23 total recommendations, comprising 7 strong buy, 7 buy, 8 hold, and 1 strong sell. The prior period’s percentages stood at 60.9% positive, 34.8% hold, and 4.3% negative.

Recent Analyst Actions

Date: September 23, 2026 | Analyst: Jyske Bank | Prior Rating: Hold | Latest Recommendation: Buy | Action: Upgrade

Source link