Coherent, Inc. with ticker code (COHR) have now 8 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 175 and 128 with a mean TP of 155.63. Now with the previous closing price of 152.34 this would imply there is a potential upside of 2.2%. There is a 50 day moving average of 155.31 and the 200 day moving average is 140.97. The market cap for the company is $3,538m. Company Website: http://www.coherent.com
Coherent, Inc. 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, 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, Inc. was founded in 1966 and is headquartered in Santa Clara, California.