Coats Group’s (COA) Buy Rating Reiterated at Peel Hunt
Peel Hunt reaffirmed their buy rating on shares of Coats Group (LON:COA) in a research note issued to investors on Thursday, January 4th. They currently have a GBX 90 ($1.26) target price on the stock.
Separately, Berenberg Bank reaffirmed a buy rating and issued a GBX 100 ($1.40) target price on shares of Coats Group in a report on Thursday, December 14th.
Shares of Coats Group (LON:COA) traded down GBX 0.30 ($0.00) during mid-day trading on Thursday, hitting GBX 80.50 ($1.13). The stock had a trading volume of 4,210,653 shares, compared to its average volume of 1,960,000. Coats Group has a 1 year low of GBX 50 ($0.70) and a 1 year high of GBX 90 ($1.26). The company has a market capitalization of $1,130.00 and a PE ratio of 2,012.50.
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Coats Group plc is a United Kingdom-based company engaged in industrial thread manufacturing. The Company’s segments are Industrial and Crafts. It offers clothing, accessories, furniture, fiber optics and healthcare items. It also offers technical threads used in various industries, such as automotive; bedding and mattresses; flame retardant protective wear; outdoor goods/sports equipment, and home textiles.
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