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

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

A number of other equities analysts have also recently issued reports on the stock. HSBC set a €10.10 ($11.74) price target on shares of Deutz and gave the stock a buy rating in a research note on Friday, March 22nd. Barclays upped their price target on shares of Stanley Black & Decker from $135.00 to $145.00 and gave the stock an overweight rating in a research note on Wednesday, April 3rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of Buy and an average price target of GBX 92.83 ($1.21).

Shares of Coats Group stock opened at GBX 82.05 ($1.07) on Monday. The company has a market cap of $1.18 billion and a PE ratio of 30.39. The stock has a 50-day moving average price of GBX 79.45. Coats Group has a 1 year low of GBX 69 ($0.90) and a 1 year high of GBX 92.20 ($1.20). The company has a current ratio of 1.60, a quick ratio of 0.95 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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