Coherent found using ticker (COHR) now have 9 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 195 and 154 calculating the average target price we see 174.67. Now with the previous closing price of 113.28 this would imply there is a potential upside of 54.2%. The 50 day MA is 126.81 while the 200 day moving average is 149.62. The company has a market cap of $2,539m. You can visit the company’s website by visiting: 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 in 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, including 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.