Stephens reiterated their equal weight rating on shares of Cooper Companies, Inc. (The) (NYSE:COO) in a research report report published on Tuesday. They currently have a $250.00 price target on the medical device company’s stock, up from their prior price target of $235.00.

Other equities research analysts have also recently issued reports about the stock. Zacks Investment Research raised shares of Cooper Companies, Inc. (The) from a hold rating to a buy rating and set a $270.00 target price on the stock in a research report on Tuesday, June 6th. Jefferies Group LLC reissued a buy rating and issued a $250.00 target price (up from $220.00) on shares of Cooper Companies, Inc. (The) in a research report on Saturday, June 3rd. Stifel Nicolaus raised their target price on shares of Cooper Companies, Inc. (The) from $220.00 to $231.00 and gave the stock a buy rating in a research report on Friday, June 2nd. BMO Capital Markets reissued a buy rating and issued a $255.00 target price on shares of Cooper Companies, Inc. (The) in a research report on Thursday, July 13th. Finally, BidaskClub cut shares of Cooper Companies, Inc. (The) from a strong-buy rating to a buy rating in a research report on Tuesday, July 25th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Cooper Companies, Inc. (The) presently has a consensus rating of Buy and a consensus price target of $257.60.

Cooper Companies, Inc. (NYSE COO) opened at 245.21 on Tuesday. The firm has a 50-day moving average of $245.23 and a 200 day moving average of $224.59. Cooper Companies, Inc. has a 12-month low of $158.73 and a 12-month high of $256.39. The firm has a market capitalization of $11.98 billion, a price-to-earnings ratio of 36.76 and a beta of 0.59.

Cooper Companies, Inc. (The) (NYSE:COO) last released its earnings results on Thursday, August 31st. The medical device company reported $2.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.58 by $0.06. Cooper Companies, Inc. (The) had a net margin of 16.45% and a return on equity of 16.00%. The business had revenue of $556.00 million for the quarter, compared to analysts’ expectations of $552.32 million. During the same period last year, the company earned $2.30 earnings per share. The company’s quarterly revenue was up 8.0% on a year-over-year basis. On average, equities analysts predict that Cooper Companies, Inc. will post $9.72 EPS for the current year.

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In other Cooper Companies, Inc. (The) news, VP Randal Golden sold 1,621 shares of Cooper Companies, Inc. (The) stock in a transaction that occurred on Tuesday, July 11th. The shares were sold at an average price of $243.65, for a total transaction of $394,956.65. Following the transaction, the vice president now directly owns 1,731 shares of the company’s stock, valued at $421,758.15. The sale was disclosed in a filing with the SEC, which is available at this link. Also, COO Daniel G. Mcbride sold 6,000 shares of Cooper Companies, Inc. (The) stock in a transaction that occurred on Wednesday, June 21st. The shares were sold at an average price of $244.23, for a total transaction of $1,465,380.00. Following the transaction, the chief operating officer now directly owns 34,395 shares in the company, valued at $8,400,290.85. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 20,992 shares of company stock worth $5,167,628. 1.60% of the stock is currently owned by corporate insiders.

Hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC raised its stake in shares of Cooper Companies, Inc. (The) by 30.6% during the second quarter. Advisory Services Network LLC now owns 457 shares of the medical device company’s stock valued at $109,000 after purchasing an additional 107 shares during the period. YorkBridge Wealth Partners LLC raised its stake in shares of Cooper Companies, Inc. (The) by 2.1% during the second quarter. YorkBridge Wealth Partners LLC now owns 531 shares of the medical device company’s stock valued at $126,000 after purchasing an additional 11 shares during the period. Archford Capital Strategies LLC raised its stake in shares of Cooper Companies, Inc. (The) by 116.7% during the first quarter. Archford Capital Strategies LLC now owns 674 shares of the medical device company’s stock valued at $135,000 after purchasing an additional 363 shares during the period. Acrospire Investment Management LLC raised its stake in shares of Cooper Companies, Inc. (The) by 50.0% during the second quarter. Acrospire Investment Management LLC now owns 600 shares of the medical device company’s stock valued at $144,000 after purchasing an additional 200 shares during the period. Finally, Penserra Capital Management LLC raised its stake in shares of Cooper Companies, Inc. (The) by 9.5% during the first quarter. Penserra Capital Management LLC now owns 782 shares of the medical device company’s stock valued at $156,000 after purchasing an additional 68 shares during the period. 95.92% of the stock is currently owned by hedge funds and other institutional investors.

Cooper Companies, Inc. (The) Company Profile

The Cooper Companies, Inc is a global medical device company. The Company operates through two business units: CooperVision, Inc and CooperSurgical, Inc CooperVision offers soft contact lenses for the vision correction market. CooperVision develops, manufactures and markets a range of single-use, two-week and monthly contact lenses.

Analyst Recommendations for Cooper Companies, Inc. (The) (NYSE:COO)

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