Cooper Industries: S&P Intraday Gainer
NEW YORK (TheStreet) -- Cooper Industries
The S&P 500 was rising 8.5 points, or 0.66%, to 1,303.81.
Shares of Cooper Industries rose 26.15% to $70.44. Eaton
Shares of Cooper hit a 52-week high Monday of $71.37. The stock's 52-week low of $41.16 was set on Aug. 23.
Cooper trades at an estimated price-to-earnings ratio for next year of 14.22 times; the average for electrical components companies is 12.4. For comparison, Avnet
Eleven of the 21 analysts who cover Cooper Industries rated it buy; 10 analysts gave the stock a hold rating.
The stock has risen 29.31% year to date.
-- Written by Alexandra Zendrian
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