Cohort (LON:CHRT) Insider Sells £277,694.76 in Stock

Cohort plc (LON:CHRT) insider Andrew Stephen Thomis sold 23,898 shares of Cohort stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of GBX 1,162, for a total value of £277,694.76.

Cohort Stock Performance

CHRT opened at GBX 1,132 on Monday. The stock has a market cap of £520.49 million, a PE ratio of 22.07 and a beta of 0.34. The company has a current ratio of 1.43, a quick ratio of 0.93 and a debt-to-equity ratio of 30.21. Cohort plc has a 1 year low of GBX 881.10 and a 1 year high of GBX 1,538. The stock’s 50 day simple moving average is GBX 1,274.07 and its 200-day simple moving average is GBX 1,266.49.

Cohort (LON:CHRT) last issued its earnings results on Wednesday, July 15th. The company reported GBX 61.93 EPS for the quarter. Cohort had a return on equity of 13.59% and a net margin of 7.80%. Sell-side analysts forecast that Cohort plc will post 42.7951807 EPS for the current year.

Analysts Set New Price Targets

CHRT has been the subject of a number of recent research reports. Royal Bank Of Canada increased their price objective on shares of Cohort from GBX 1,740 to GBX 1,760 and gave the company an “outperform” rating in a research note on Friday, July 17th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 1,300 target price on shares of Cohort in a research report on Wednesday, July 1st. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 1,630 target price on shares of Cohort in a research note on Tuesday, July 21st. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,563.33.

Cohort Company Profile

Cohort plc is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets.

The Group is split into two segments:

Communications and Intelligence
– EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016. www.eid.pt

– EM Solutions designs, assembles, tests, and supports satellite communications on-the-move terminals for defence and government customers.