Cohort (LON:CHRT) Receives Buy Rating from Shore Capital

Cohort (LON:CHRT)‘s stock had its “buy” rating reissued by investment analysts at Shore Capital in a research note issued on Wednesday,Digital Look reports. They presently have a GBX 1,630 ($21.82) target price on the stock. Shore Capital’s price target indicates a potential downside of 6.45% from the company’s current price.

Cohort Stock Performance

Shares of CHRT stock opened at GBX 1,742.40 ($23.33) on Wednesday. The company has a fifty day moving average price of GBX 1,517.33 and a two-hundred day moving average price of GBX 1,295.75. Cohort has a one year low of GBX 760.50 ($10.18) and a one year high of GBX 1,796 ($24.05). The stock has a market cap of £790.88 million, a P/E ratio of 46.02 and a beta of 0.56. The company has a debt-to-equity ratio of 37.28, a current ratio of 1.55 and a quick ratio of 0.93.

Insider Transactions at Cohort

In related news, insider Simon Walther sold 350 shares of Cohort stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of GBX 1,275 ($17.07), for a total transaction of £4,462.50 ($5,974.70). Company insiders own 39.22% 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.