Coherent, Inc. found using ticker (COHR) now have 8 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 182 and 130 and has a mean target at 159.25. Given that the stocks previous close was at 163.51 this now indicates there is a potential downside of -2.6%. The day 50 moving average is 153.41 and the 200 moving average now moves to 141.24. The market cap for the company is $4,110m. 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.