Coherent (COHR) Receives a Buy from Benchmark Co.


In a report released today, Mark Miller from Benchmark Co. maintained a Buy rating on Coherent (COHR), with a price target of $162. The company’s shares closed yesterday at $138.08.

According to TipRanks.com, Miller is a top 100 analyst with an average return of 21.0% and a 66.6% success rate. Miller covers the Consumer Goods sector, focusing on stocks such as IPG Photonics Corporation, Axcelis Technologies, and MKS Instruments.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coherent with a $150.67 average price target, a 9.1% upside from current levels. In a report issued on March 8, Stifel Nicolaus also maintained a Buy rating on the stock with a $165 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $223.67 and a one-year low of $90.10. Currently, Coherent has an average volume of 399.3K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Coherent, Inc. engages in the design, manufacture, and service of lasers and related accessories. It operates through the OEM Laser Sources (OLS), and Industrial Lasers and Systems (ILS) business segments.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts