Analysts Set Kopin Corporation (NASDAQ:KOPN) Price Target at $4.69

Shares of Kopin Corporation (NASDAQ:KOPN) have earned a consensus rating of “Moderate Buy” from the five analysts that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $4.6875.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Kopin in a research report on Thursday, January 22nd.

Kopin Stock Performance

Shares of Kopin stock opened at $2.06 on Monday. The company has a 50-day simple moving average of $2.49 and a two-hundred day simple moving average of $2.65. The stock has a market capitalization of $375.97 million, a PE ratio of -51.50 and a beta of 2.87. Kopin has a 52-week low of $0.71 and a 52-week high of $4.16.

Institutional Investors Weigh In On Kopin

Institutional investors have recently modified their holdings of the business. EWA LLC bought a new stake in Kopin in the 4th quarter worth about $25,000. Prudential Financial Inc. bought a new position in Kopin during the 2nd quarter valued at about $25,000. Legal & General Group Plc purchased a new stake in shares of Kopin during the 2nd quarter valued at about $25,000. Cibc World Markets Corp purchased a new stake in shares of Kopin during the 4th quarter valued at about $28,000. Finally, Bravias Capital Group LLC bought a new stake in shares of Kopin in the third quarter worth approximately $32,000. 30.96% of the stock is owned by hedge funds and other institutional investors.

Kopin Company Profile

Kopin Corporation (NASDAQ: KOPN) is a technology company specializing in the development and manufacture of high-resolution microdisplays and optical components for wearable electronics. Headquartered in Westborough, Massachusetts, Kopin designs both liquid crystal on silicon (LCOS) and organic light-emitting diode (OLED) microdisplays, as well as complete display engines and optical modules tailored for use in augmented reality (AR), virtual reality (VR), industrial, medical, and defense applications.