Coats Group (LON:COA)‘s stock had its “buy” rating restated by analysts at Peel Hunt in a report issued on Tuesday.
Several other research firms also recently weighed in on COA. Berenberg Bank reissued a “buy” rating and issued a GBX 110 ($1.44) target price on shares of Coats Group in a research report on Wednesday, August 15th. Citigroup reissued a “buy” rating and issued a GBX 109 ($1.42) target price on shares of Coats Group in a research report on Tuesday, August 28th. Finally, Royal Bank of Canada assumed coverage on shares of Coats Group in a research report on Tuesday, November 20th. They issued an “outperform” rating and a GBX 110 ($1.44) target price for the company. Five analysts have rated the stock with a buy rating, Coats Group presently has an average rating of “Buy” and a consensus target price of GBX 109.80 ($1.43).
COA opened at GBX 79 ($1.03) on Tuesday. Coats Group has a 1-year low of GBX 55.50 ($0.73) and a 1-year high of GBX 90 ($1.18).
Coats Group Company Profile
Coats Group plc manufactures and supplies industrial threads worldwide. It provides sewing threads, zips, engineered yarns, and embroidery products to apparel, footwear and accessories, technical sewing, and yarn industries; and consumer textile crafts for knitting, crochet, embroidery, patchwork and quilting, and sewing activities.
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