Peel Hunt Reiterates “Buy” Rating for Coats Group (LON:COA)

Peel Hunt reaffirmed their buy rating on shares of Coats Group (LON:COA) in a report published on Monday morning, ThisIsMoney.Co.Uk reports.

Several other brokerages have also weighed in on COA. Barclays increased their price objective on shares of Stanley Black & Decker from $135.00 to $145.00 and gave the company an overweight rating in a research report on Wednesday, April 3rd. HSBC set a €10.10 ($11.74) price target on shares of Deutz and gave the stock a buy rating in a research report on Friday, March 22nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of GBX 92.83 ($1.21).

Shares of COA stock opened at GBX 80.20 ($1.05) on Monday. The company has a market capitalization of $1.16 billion and a PE ratio of 29.70. The stock’s 50-day moving average is GBX 79.33. Coats Group has a one year low of GBX 69 ($0.90) and a one year high of GBX 92.20 ($1.20). The company has a quick ratio of 0.95, a current ratio of 1.60 and a debt-to-equity ratio of 119.91.

Coats Group Company Profile

Coats Group plc manufactures and supplies industrial threads worldwide. It provides sewing threads; engineered yarns; metal, plastic, and spiral zippers; and interlinings and reflective tapes for apparel, automotive and other transport, composite, electronic textile, fashion accessories travel and luggage, footwear, household and recreation, medical, health and food, personal protection, wire and cable, and other applications.

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Analyst Recommendations for Coats Group (LON:COA)

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