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

Peel Hunt reaffirmed their buy rating on shares of Coats Group (LON:COA) in a research report released on Monday.

Several other research firms have also recently issued reports on COA. Barclays restated an equal weight rating and set a GBX 75 ($0.98) price objective on shares of Coats Group in a research report on Friday, January 18th. Berenberg Bank restated a buy rating and set a GBX 110 ($1.44) price objective on shares of Coats Group in a research report on Thursday, November 22nd. Finally, Royal Bank of Canada began coverage on shares of Coats Group in a research report on Tuesday, November 20th. They set an outperform rating and a GBX 110 ($1.44) price objective for the company. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. The company has an average rating of Buy and a consensus price target of GBX 99.14 ($1.30).

Coats Group stock opened at GBX 88.20 ($1.15) on Monday. Coats Group has a 12-month low of GBX 55.50 ($0.73) and a 12-month 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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Analyst Recommendations for Coats Group (LON:COA)

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