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Cooper Cos. (NYSE:COO) was downgraded by analysts at Cleveland Research from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Monday, TheFlyOnTheWall.com reports.

COO has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. downgraded shares of Cooper Cos. from a “neutral” rating to a “sell” rating in a research note to investors on Tuesday, January 7th. They now have a $116.00 price target on the stock, down previously from $128.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Cooper Cos. in a research note to investors on Thursday, November 28th. They now have a $138.00 price target on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $134.67.

Cooper Cos. (NYSE:COO) opened at 121.995 on Monday. Cooper Cos. has a 52 week low of $100.24 and a 52 week high of $135.41. The stock’s 50-day moving average is $124.9 and its 200-day moving average is $128.2. The company has a market cap of $5.856 billion and a price-to-earnings ratio of 20.85.

Cooper Cos. (NYSE:COO) last released its earnings data on Thursday, December 5th. The company reported $1.48 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.80 by $0.32. The company had revenue of $411.90 million for the quarter, compared to the consensus estimate of $421.58 million. During the same quarter in the prior year, the company posted $1.47 earnings per share. The company’s quarterly revenue was up 3.9% on a year-over-year basis. Analysts expect that Cooper Cos. will post $6.82 EPS for the current fiscal year.

The company also recently declared a semiannual dividend, which is scheduled for Friday, February 7th. Investors of record on Friday, January 24th will be given a dividend of 0.03 per share. This represents a yield of 0.05%. The ex-dividend date of this dividend is Wednesday, January 22nd.

The Cooper Companies, Inc (NYSE:COO) is a global medical products company that serves the specialty healthcare market through its two business units, CooperVision, Inc (CVI) and CooperSurgical, Inc (CSI).

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