Cohort plc (LON:CHRT – Get Free Report) shares passed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of GBX 1,249.72 and traded as low as GBX 1,220. Cohort shares last traded at GBX 1,228, with a volume of 913,673 shares trading hands.
Analyst Ratings Changes
Several brokerages recently weighed in on CHRT. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 1,300 target price on shares of Cohort in a report on Friday, September 25th. Berenberg Bank reissued a “buy” rating and set a GBX 1,630 price target on shares of Cohort in a report on Friday, September 25th. Finally, Royal Bank Of Canada boosted their price objective on Cohort from GBX 1,740 to GBX 1,760 and gave the company an “outperform” rating in a research report on Friday, July 17th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Cohort presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,563.33.
View Our Latest Stock Report on Cohort
Cohort Stock Performance
The company has a debt-to-equity ratio of 30.21, a quick ratio of 0.93 and a current ratio of 1.43. The business’s fifty day simple moving average is GBX 1,228.85 and its 200-day simple moving average is GBX 1,249.72. The firm has a market capitalization of £559.67 million, a PE ratio of 23.73 and a beta of 0.35.
Insider Activity
In other news, insider Andrew Stephen Thomis bought 142 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The shares were bought at an average cost of GBX 1,260 per share, for a total transaction of £1,789.20. Also, insider Simon Walther bought 142 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The stock was purchased at an average price of GBX 1,260 per share, for a total transaction of £1,789.20. Insiders sold 88,491 shares of company stock worth $109,016,126 over the last ninety days. Insiders own 29.78% of the company’s stock.
About Cohort
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.
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