Cooper-Standard (CPS) Price Target Raised to $150.00 at Roth Capital

Cooper-Standard (NYSE:CPS) had its price objective upped by stock analysts at Roth Capital from $130.00 to $150.00 in a report issued on Tuesday, January 23rd, MarketBeat.com reports. The brokerage currently has a “buy” rating on the auto parts company’s stock. Roth Capital’s price objective indicates a potential upside of 30.51% from the company’s current price.

CPS has been the subject of a number of other reports. Zacks Investment Research raised shares of Cooper-Standard from a “sell” rating to a “hold” rating in a research note on Friday, November 3rd. ValuEngine raised shares of Cooper-Standard from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. KeyCorp reissued a “hold” rating on shares of Cooper-Standard in a research note on Friday, November 17th. Goldman Sachs Group cut shares of Cooper-Standard from a “buy” rating to a “neutral” rating and set a $113.00 price objective for the company. in a research note on Monday, October 16th. Finally, Buckingham Research reduced their price objective on shares of Cooper-Standard from $131.00 to $129.00 and set a “buy” rating for the company in a research note on Thursday, October 19th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Cooper-Standard currently has a consensus rating of “Hold” and an average target price of $120.50.

Shares of Cooper-Standard (NYSE CPS) traded up $2.22 during midday trading on Tuesday, hitting $114.93. 89,170 shares of the stock were exchanged, compared to its average volume of 94,183. The company has a current ratio of 1.75, a quick ratio of 1.52 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $1,980.00, a PE ratio of 15.70, a PEG ratio of 2.05 and a beta of 0.78. Cooper-Standard has a 1 year low of $95.33 and a 1 year high of $135.00.

In related news, insider Sharon Wenzl sold 585 shares of the firm’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $125.98, for a total transaction of $73,698.30. Following the completion of the transaction, the insider now directly owns 2,990 shares of the company’s stock, valued at $376,680.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Song Min Lee sold 2,837 shares of the firm’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $119.00, for a total transaction of $337,603.00. Following the transaction, the senior vice president now directly owns 12,163 shares of the company’s stock, valued at $1,447,397. The disclosure for this sale can be found here. Insiders have sold 7,422 shares of company stock valued at $887,301 over the last ninety days. 1.10% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently bought and sold shares of the stock. DekaBank Deutsche Girozentrale grew its position in Cooper-Standard by 78.2% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 1,139 shares of the auto parts company’s stock worth $116,000 after purchasing an additional 500 shares during the last quarter. Riverhead Capital Management LLC lifted its position in Cooper-Standard by 79.0% in the second quarter. Riverhead Capital Management LLC now owns 1,432 shares of the auto parts company’s stock valued at $144,000 after buying an additional 632 shares during the last quarter. Flinton Capital Management LLC lifted its position in Cooper-Standard by 66.7% in the second quarter. Flinton Capital Management LLC now owns 1,540 shares of the auto parts company’s stock valued at $155,000 after buying an additional 616 shares during the last quarter. Ameritas Investment Partners Inc. lifted its position in Cooper-Standard by 20.2% in the second quarter. Ameritas Investment Partners Inc. now owns 1,540 shares of the auto parts company’s stock valued at $155,000 after buying an additional 259 shares during the last quarter. Finally, Financial Sense Advisors Inc. acquired a new position in Cooper-Standard in the third quarter valued at about $203,000. 96.16% of the stock is owned by institutional investors.

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About Cooper-Standard

Cooper-Standard Holdings Inc is a holding company. The Company designs, manufactures and sells sealing, fuel and brake delivery, fluid transfer and anti-vibration systems for use in passenger vehicles and light trucks manufactured by global original equipment manufacturers (OEMs). The Company operates through four segments: North America, Europe, Asia Pacific and South America.

Analyst Recommendations for Cooper-Standard (NYSE:CPS)

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