B. Riley Keeps a Buy Rating on Cohu

By Ryan Adsit

In a report released today, Craig Ellis from B. Riley reiterated a Buy rating on Cohu (NASDAQ: COHU), with a price target of $28. The company’s shares opened today at $20.27, close to its 52-week high of $21.64.

According to TipRanks.com, Ellis is a 4-star analyst with an average return of 26.3% and a 66.7% success rate. Ellis covers the Consumer Goods sector, focusing on stocks such as Sequans Communications S A, Axcelis Technologies, and Rudolph Technologies.

Cohu has an analyst consensus of Moderate Buy, with a price target consensus of $28.

The company has a one year high of $21.64 and a one year low of $10.01. Currently, Cohu has an average volume of 281K.

Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2017, William Bendush, a Director at COHU sold 5,000 shares for a total of $93,600.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Cohu, Inc. manufactures and markets semiconductor test and inspection handlers. It also supplies micro-electro mechanical system test modules, test contactors and thermal sub-systems used by global semiconductor manufacturers and test subcontractors.