Goldman Sachs upgraded Cooper-Standard (NYSE:CPS) from Neutral to Buy in a report released today.
- Updated: November 27, 2016
Goldman Sachs has upgraded Cooper-Standard (NYSE:CPS) from Neutral to Buy in a report released on 11/22/2016.
Yesterday Cooper-Standard (NYSE:CPS) traded -1.45% lower at $93.05. The company’s 50-day moving average is $92.37 and its 200-day moving average is $91.11. The last stock close price is up 4.94% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 43,775 shares of the stock were exchanged, down from an average trading volume of 169,278
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Cooper-Standard has a 52 week low of $63.01 and a 52 week high of $107.94 with a P/E ratio of 13.78 The company’s market cap is currently $0.
In addition to Goldman Sachs reporting its target price, a total of 4 firms have reported on the stock. The consensus target price is $92.75 with 3 firms rating the stock a strong buy, 0 firms rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Cooper-Standard (NYSE:CPS)
Cooper-Standard Holdings Inc. is a holding company. The Company, through its subsidiaries, manufactures sealing, fuel and brake delivery, fluid transfer and anti-vibration systems components for use in passenger vehicles and light trucks. The Company operates through four segments, which include North America, Europe, South America and Asia Pacific. The Company's principal products within each of these segments are sealing systems, fuel and brake delivery systems, fluid transfer systems and anti-vibration systems. The sealing systems protect vehicle interiors from weather, dust and noise intrusion. Its fuel and brake delivery systems sense, deliver and control fluids to fuel and brake systems. Its fluid transfer systems sense, deliver and control fluid and vapors for optimal powertrain and heating, ventilation and air conditioning (HVAC) operation. The Company's anti-vibration systems control and isolate noise and vibration in the vehicle.
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