Coats Group’s (COA) Buy Rating Reiterated at Peel Hunt

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

Separately, Barclays reaffirmed an equal weight rating on shares of Coats Group in a research report on Wednesday, April 3rd. One 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. Coats Group presently has an average rating of Buy and an average price target of GBX 91.40 ($1.19).

Shares of LON:COA opened at GBX 79.75 ($1.04) on Monday. The stock has a market capitalization of $1.15 billion and a price-to-earnings ratio of 29.54. The stock’s 50 day moving average is GBX 80.35. 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 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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