Are Wall Street Analysts Bullish on Cooper Companies Stock?

Headquartered in San Ramon, California, The Cooper Companies, Inc. (COO) is a global medical device company with a market cap of $18.79 billion. Specializing in contact lenses and surgical products, Cooper plays a critical role in advancing eye care and women's health worldwide. With a strong focus on innovation and quality, the company’s products support healthcare professionals in delivering enhanced patient outcomes, reinforcing its position as a trusted leader in the medical device industry.

Shares of COO have underperformed the broader market considerably over the past year. The stock has gained 1.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 26.1%. Also, in 2024, COO is down marginally, compared to the SPX’s 17.2% rise on a YTD basis.