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Coherent, Inc. – Consenus Indicates Potential 3.2% Upside

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 182 and 130 calculating the average target price we see 159.88. Given that the stocks previous close was at 154.91 this is indicating there is a potential upside of 3.2%. There is a 50 day moving average of 154.42 and the 200 day moving average is 141.7. The market cap for the company is $3,710m. Find out more information at: 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.