Cohort (LON:CHRT) Insider Andrew Stephen Thomis Acquires 142 Shares of Company Stock

Key Points

• Insider transaction: Andrew Stephen Thomis bought 142 Cohort shares at GBX 1,260 each, worth £1,789.20, after selling 23,898 shares for £277,694.76 in September.
• Stock performance: Cohort shares rose 2.8% to GBX 1,300, with the company valued at approximately £597.84 million and trading below its 52-week high of GBX 1,538.
• Analyst outlook: Analysts maintain a “Moderate Buy” consensus, with a GBX 1,563.33 average price target; ratings include two Buys and one Hold.

Cohort plc (LON:CHRT - Get Free Report) insider Andrew Stephen Thomis bought 142 shares of the stock in a transaction that occurred on Thursday, October 15th. The shares were bought at an average cost of GBX 1,260 per share, with a total value of £1,789.20.

Andrew Stephen Thomis also recently made the following trade(s):

• On Tuesday, September 1st, Andrew Stephen Thomis sold 23,898 shares of Cohort stock. The stock was sold at an average price of GBX 1,162, for a total value of £277,694.76.

Cohort Stock Up 2.8%

LON CHRT traded up GBX 36 on Friday, hitting GBX 1,300. 96,702 shares of the stock were exchanged, compared to its average volume of 387,537. Cohort plc has a fifty-two week low of GBX 881.10 and a fifty-two week high of GBX 1,538. The company has a 50-day moving average price of GBX 1,223.46 and a 200-day moving average price of GBX 1,248.62. The company has a quick ratio of 0.93, a current ratio of 1.43 and a debt-to-equity ratio of 30.21. The company has a market cap of £597.84 million, a PE ratio of 25.35 and a beta of 0.35.

Cohort (LON:CHRT - Get Free Report) last released its quarterly earnings data on Wednesday, July 15th. The company reported GBX 61.93 earnings per share (EPS) for the quarter. Cohort had a net margin of 7.80% and a return on equity of 13.59%. Sell-side analysts anticipate that Cohort plc will post 42.80 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CHRT. Berenberg Bank reissued a "buy" rating and set a GBX 1,630 price objective on shares of Cohort in a report on Friday, September 25th. Jefferies Financial Group restated a "hold" rating and issued a GBX 1,300 target price on shares of Cohort in a research note on Friday, September 25th. Finally, Royal Bank Of Canada boosted their target price on shares of Cohort from GBX 1,740 to GBX 1,760 and gave the stock an "outperform" rating in a research report on Friday, July 17th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,563.33.

About Cohort

Cohort plc is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets. The Group is split into two segments: Communications and Intelligence - EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016. www.eid.pt - EM Solutions designs, assembles, tests, and supports satellite communications on-the-move terminals for defence and government customers.

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