Coats Group (LON:COA) Rating Reiterated by Peel Hunt
Peel Hunt restated their buy rating on shares of Coats Group (LON:COA) in a report published on Monday morning, Stock Target Advisor reports.
A number of other research analysts have also weighed in on COA. Royal Bank of Canada reissued an outperform rating on shares of Coats Group in a research note on Wednesday, October 9th. Berenberg Bank reissued a buy rating on shares of Coats Group in a research note on Thursday, October 24th. Finally, Barclays reissued an equal weight rating and set a GBX 82 ($1.07) price target on shares of Coats Group in a research note on Friday, November 1st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 87.50 ($1.14).
Shares of Coats Group stock traded down GBX 0.80 ($0.01) during trading hours on Monday, reaching GBX 73.35 ($0.96). 743,677 shares of the company’s stock were exchanged, compared to its average volume of 3,670,000. Coats Group has a 52-week low of GBX 68.25 ($0.89) and a 52-week high of GBX 92.20 ($1.20). The firm has a market capitalization of $1.06 billion and a price-to-earnings ratio of 20.96. The company has a fifty day moving average of GBX 72.49 and a 200-day moving average of GBX 77.28. The company has a current ratio of 1.62, a quick ratio of 1.09 and a debt-to-equity ratio of 119.22.
Coats Group plc manufactures and supplies industrial threads worldwide. It provides sewing threads; engineered yarns; metal, plastic, and spiral zippers; and interlinings and reflective tapes for apparel, automotive and other transport, composite, electronic textile, fashion accessories travel and luggage, footwear, household and recreation, medical, health and food, personal protection, wire and cable, and other applications.
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