Coherent found using ticker (COHR) have now 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 175 and 128 with the average target price sitting at 155.71. With the stocks previous close at 151.21 this is indicating there is a potential upside of 3.0%. There is a 50 day moving average of 151 while the 200 day moving average is 139.55. The market cap for the company is $3,634m. Company Website: http://www.coherent.com
Coherent provides lasers, laser-based technologies, and laser-based system solutions for a range of scientific, commercial, and industrial applications. It operates through two segments, OEM Laser Sources and Industrial Lasers & Systems. The company designs, manufactures, markets, and services lasers, laser tools, precision optics, and related accessories; and laser measurement and control products. Its products are used in markets, luding microelectronics, materials processing, original equipment manufacturer components and instrumentation, and scientific research and government programs. The company markets its products through a direct sales force in the United States, as well as through direct sales personnel and independent representatives internationally. Coherent was founded in 1966 and is headquartered in Santa Clara, California.