Royal Bank Of Canada restated their outperform rating on shares of Coats Group (LON:COA - Free Report) in a research note released on Wednesday, MarketBeat Ratings reports. The firm currently has a GBX 110 ($1.48) price objective on the stock.
Separately, Berenberg Bank restated a "buy" rating and issued a GBX 125 ($1.68) price target on shares of Coats Group in a research report on Thursday, July 3rd.
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Coats Group Price Performance
Shares of LON COA traded down GBX 10.10 ($0.14) during midday trading on Wednesday, reaching GBX 72 ($0.97). 37,857,023 shares of the stock traded hands, compared to its average volume of 5,432,444. The company's 50 day moving average is GBX 78.30 and its 200 day moving average is GBX 81.75. Coats Group has a one year low of GBX 64.80 ($0.87) and a one year high of GBX 104.20 ($1.40). The company has a debt-to-equity ratio of 103.51, a current ratio of 1.20 and a quick ratio of 1.06. The stock has a market capitalization of £1.45 billion, a PE ratio of 24.20, a P/E/G ratio of 0.92 and a beta of 1.40.
Insider Transactions at Coats Group
In other Coats Group news, insider Hannah Nichols bought 26,092 shares of the business's stock in a transaction dated Thursday, May 22nd. The shares were acquired at an average price of GBX 76 ($1.02) per share, with a total value of £19,829.92 ($26,628.06). Also, insider David Paja purchased 150,000 shares of the company's stock in a transaction that occurred on Wednesday, June 4th. The shares were purchased at an average price of GBX 75 ($1.01) per share, for a total transaction of £112,500 ($151,067.54). Corporate insiders own 1.65% of the company's stock.
About Coats Group
(
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Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data and the environment.
Further Reading
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