Stifel Nicolaus Keeps Their Buy Rating on Cooper-Standard Holdings (CPS)

Stifel Nicolaus analyst Nathan Jones maintained a Buy rating on Cooper-Standard Holdings today and set a price target of $43.00.

Claim 50% Off TipRanks Premium and Invest with Confidence

• Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
• Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential

According to TipRanks, Jones is a top 100 analyst with an average return of 21.9% and a 73.71% success rate. Jones covers the Industrials sector, focusing on stocks such as Parker Hannifin, ITT, and Ingersoll Rand.

Currently, the analyst consensus on Cooper-Standard Holdings is a Moderate Buy with an average price target of $39.00.

Based on Cooper-Standard Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $695.5 million and a GAAP net loss of $7.64 million. In comparison, last year the company earned a revenue of $685.35 million and had a GAAP net loss of $11.06 million

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CPS in relation to earlier this year. Last month, David John Mastrocola, a Director at CPS bought 2,000.00 shares for a total of $58,100.00.