Coherent (COHR) received a Hold rating and a $140 price target from Susquehanna analyst Mehdi Hosseini today. The company’s shares closed on Friday at $154.18.
According to TipRanks.com, Hosseini is a 4-star analyst with an average return of 10.1% and a 48.7% success rate. Hosseini covers the Consumer Goods sector, focusing on stocks such as Advanced Energy Industries, Hewlett Packard Enterprise, and Applied Materials Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coherent with a $159 average price target, representing a 3.1% upside. In a report issued on April 22, Barclays also maintained a Hold rating on the stock with a $150 price target.
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The company has a one-year high of $192.37 and a one-year low of $90.10. Currently, Coherent has an average volume of 363.1K.
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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.
