Home » USA Broker Ratings » Cognex Corporation – Consenus Indicates Potential 32.2% Upside

Cognex Corporation – Consenus Indicates Potential 32.2% Upside

Cognex Corporation with ticker code (CGNX) now have 12 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 65 and 34 calculating the mean target price we have 50.83. Given that the stocks previous close was at 38.46 this is indicating there is a potential upside of 32.2%. The 50 day moving average now sits at 48.78 and the 200 day moving average is 51.07. The company has a market cap of $8,062m. You can visit the company’s website by visiting: http://www.cognex.com

Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacture and tracking of discrete items, including mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. The company offers VisionPro software, a suite of patented vision tools for advanced programming; Cognex Designer that allows customers to build vision applications with a graphical, flowchart-based programming environment; and Cognex deep learning vision software. It also provides general-purpose vision systems for vision tasks, including part location, identification, measurement, assembly verification, and robotic guidance; and vision sensors for vision applications, such as checking the presence and size of parts; the In-Sight product line of vision systems and sensors. In addition, the company offers ID products comprising DataMan image-based barcode readers and barcode verifiers, as well as vision-enabled mobile terminals for industrial barcode reading applications. It sells its products to consumer electronics, automotive, consumer products, food and beverage, pharmaceuticals, and medical devices industries, as well as through a network of distributors and integrators. The company was founded in 1981 and is headquartered in Natick, Massachusetts.

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