Rosenblatt Securities Keeps a Buy Rating on Cohu (COHU)

Rosenblatt Securities analyst Scott Graham maintained a Buy rating on Cohu (COHUResearch Report) today and set a price target of $57.00. The company’s shares closed last Friday at $35.41.

According to TipRanks.com, Graham is a 5-star analyst with an average return of 15.1% and a 70.0% success rate. Graham covers the Industrial Goods sector, focusing on stocks such as Altra Industrial Motion, Thermon Group Holdings, and Rockwell Automation.

Currently, the analyst consensus on Cohu is a Strong Buy with an average price target of $49.13, a 45.0% upside from current levels. In a report issued on July 29, B.Riley Financial also maintained a Buy rating on the stock with a $52.00 price target.

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Cohu’s market cap is currently $1.71B and has a P/E ratio of 50.60. The company has a Price to Book ratio of 6.10.

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Cohu, Inc. engages in the provision of back-end semiconductor equipment and services. It operates through the Semiconductor Test and Inspection, and Printed Circuit Board Test. The company was founded in 1947 and is headquartered in Poway, CA.