Coats Group PLC (COA) Receives “Buy” Rating from Peel Hunt

Coats Group PLC (LON:COA)‘s stock had its “buy” rating reiterated by Peel Hunt in a research note issued to investors on Monday, July 31st. They presently have a GBX 90 ($1.17) price target on the stock. Peel Hunt’s price target suggests a potential upside of 21.62% from the company’s current price.

COA has been the topic of a number of other research reports. Berenberg Bank assumed coverage on shares of Coats Group PLC in a research report on Friday, July 7th. They issued a “buy” rating and a GBX 100 ($1.30) target price on the stock. Canaccord Genuity lifted their target price on shares of Coats Group PLC from GBX 80 ($1.04) to GBX 100 ($1.30) and gave the stock a “buy” rating in a research report on Monday, May 22nd.

Shares of Coats Group PLC (LON:COA) opened at 74.00 on Monday. The firm’s market capitalization is GBX 1.03 billion. The company has a 50-day moving average price of GBX 76.23 and a 200-day moving average price of GBX 67.03. Coats Group PLC has a 12-month low of GBX 29.00 and a 12-month high of GBX 81.20.

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Coats Group PLC Company Profile

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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