Stifel Nicolaus analyst Patrick Ho downgraded Cohu (COHU) to Hold today and set a price target of $20. The company’s shares closed yesterday at $17.41.
According to TipRanks.com, Ho is a 3-star analyst with an average return of 2.9% and a 47.9% success rate. Ho covers the Consumer Goods sector, focusing on stocks such as Advanced Energy Industries, Applied Materials Inc, and Ultra Clean Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cohu with a $27 average price target.
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Cohu’s market cap is currently $503.2M and has a P/E ratio of 16.36. The company has a Price to Book ratio of 1.63.
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock.
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Cohu, Inc. engages in the manufacture and marketing of semiconductor test and inspection handlers. Its products include pick-and-place and thermal subsystems, gravitity, test-in-strip and mems, turret and vision solutions, and contractors. The company was founded in 1972 and is headquartered in Poway, CA.
