Benchmark Co. Maintains a Hold Rating on Coherent (COHR)
Benchmark Co. analyst Mark Miller maintained a Hold rating on Coherent (COHR) today. The company’s shares closed last Wednesday at $254.50, close to its 52-week high of $270.99.
According to TipRanks.com, Miller is a top 100 analyst with an average return of 23.7% and a 66.2% success rate. Miller covers the Technology sector, focusing on stocks such as Axcelis Technologies, MKS Instruments, and Western Digital.
Coherent has an analyst consensus of Hold.
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The company has a one-year high of $270.99 and a one-year low of $103.00. Currently, Coherent has an average volume of 427.3K.
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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. The OLS segment focuses on laser sources and complex optical sub-systems, typically used in microelectronics manufacturing, medical diagnostics, and therapeutic medical applications. The ILS segment covers laser sources, sub-systems, and tools primarily used for industrial laser materials processing. The company was founded by Eugene Watson on May 26, 1966 and is headquartered in Santa Clara, CA.
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