Coherent, Inc. with ticker code (COHR) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 175 and 128 calculating the mean target price we have 155.71. With the stocks previous close at 148.75 this is indicating there is a potential upside of 4.7%. The 50 day moving average now sits at 151.54 and the 200 day MA is 139.8. The company has a market capitalisation of $3,515m. Visit the company website 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.