Coats Group (COA) Receives Buy Rating from Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Coats Group (LON:COA) in a research report report published on Thursday morning. The brokerage currently has a GBX 90 ($1.20) price objective on the stock.

Separately, Berenberg Bank reissued a buy rating and set a GBX 100 ($1.34) target price on shares of Coats Group in a research note on Thursday, December 14th.

Shares of Coats Group (LON:COA) traded up GBX 3 ($0.04) during mid-day trading on Thursday, hitting GBX 90 ($1.20). The stock had a trading volume of 3,596,816 shares, compared to its average volume of 1,300,000. The stock has a market cap of $1,270.00 and a P/E ratio of 2,250.00. Coats Group has a fifty-two week low of GBX 50 ($0.67) and a fifty-two week high of GBX 90 ($1.20).

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Coats Group Company Profile

Coats Group plc is a United Kingdom-based company engaged in industrial thread manufacturing. The Company’s segments are Industrial and Crafts. It offers clothing, accessories, furniture, fiber optics and healthcare items. It also offers technical threads used in various industries, such as automotive; bedding and mattresses; flame retardant protective wear; outdoor goods/sports equipment, and home textiles.

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