Coherent, Inc. found using ticker (COHR) now have 9 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 200 and 154 calculating the mean target price we have 175.78. With the stocks previous close at 128.71 this would indicate that there is a potential upside of 36.6%. The day 50 moving average is 153.19 and the 200 moving average now moves to 154.58. The market cap for the company is $3,080m. 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 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, Inc. was founded in 1966 and is headquartered in Santa Clara, California.