Cooper Companies Inc (COO) is Reiterated by BMO Capital Markets to Outperform, Raises Price Target to $ 206

Cooper Companies Inc (COO) was Reiterated by BMO Capital Markets to “Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 206 from a previous price target of $199 . BMO Capital Markets advised their investors in a research report released on Sep 2, 2016.

Many Wall Street Analysts have commented on Cooper Companies Inc. Company shares were Reiterated by Stifel on Aug 31, 2016 to “Buy”, Firm has raised the Price Target to $ 215 from a previous price target of $195 .Company shares were Reiterated by Stifel on Jun 30, 2016 to “Buy”, Firm has raised the Price Target to $ 195 from a previous price target of $180 .

On the company’s financial health, Cooper Companies Inc reported $2.30 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Sep 1, 2016. Analyst had a consensus of $2.29. The company had revenue of $514.70 million for the quarter, compared to analysts expectations of $512.63 million. The company’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.97 EPS.

Cooper Companies Inc closed down -0.55 points or -0.30% at $185.37 with 3,96,014 shares getting traded on Thursday. Post opening the session at $185.39, the shares hit an intraday low of $184.37 and an intraday high of $186.65 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on Jul 12, 2016, Michael Kalkstein (director) sold 1,000 shares at $178.55 per share price. According to the SEC, on Jun 29, 2016, Stanley Md Zinberg (director) sold 10,000 shares at $170.00 per share price. On Jun 29, 2016, Randal Golden (VP, General Counsel) sold 2,000 shares at $167.31 per share price, according to the Form-4 filing with the securities and exchange commission.

The Cooper Companies Inc. (Cooper) is a global medical device company. The Company operates through two business units CooperVision Inc. (CVI) and CooperSurgical Inc. (CSI). CooperVision is a global manufacturer providing products for contact lens wearers. CooperSurgical focuses on supplying women’s health clinicians with products and treatment options to improve the delivery of healthcare to women. CooperSurgical products fall into three main segments based on the point of healthcare delivery: Hospital Office and Fertility Clinic. CooperVision develops manufactures and markets a range of monthly two-week and single-use contact lenses featuring advanced materials and optics. CooperVision is involved in correcting vision problems such as astigmatism presbyopia and ocular dryness and provides innovative contact lens solutions. The CooperVision Company’s brands include Biofinity Avaira and MyDay and CooperSurgical Company’s brands include Advincula Arch SeeClear and Mobius.

Cooper Companies Inc

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