Cohort’s (CHRT) Hold Rating Reaffirmed at Jefferies Financial Group

Cohort (LON:CHRT)‘s stock had its “hold” rating restated by Jefferies Financial Group in a note issued to investors on Friday, September 25th, Digital Look reports. They presently have a GBX 1,300 price target on the stock. Jefferies Financial Group’s price objective points to a potential upside of 7.79% from the stock’s current price.

A number of other equities analysts have also recently commented on the stock. Berenberg Bank reissued a “buy” rating and issued a GBX 1,630 price target on shares of Cohort in a research note on Friday, September 25th. Royal Bank Of Canada raised their price objective on shares of 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 investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,563.33.

Cohort Price Performance

Shares of LON:CHRT traded up GBX 12 on Friday, hitting GBX 1,206. The company’s stock had a trading volume of 83,871 shares, compared to its average volume of 397,844. The company has a market capitalization of £554.52 million, a PE ratio of 23.51 and a beta of 0.34. The company has a debt-to-equity ratio of 30.21, a current ratio of 1.43 and a quick ratio of 0.93. The company has a 50-day simple moving average of GBX 1,230.63 and a 200 day simple moving average of GBX 1,251.29. Cohort has a 1 year low of GBX 881.10 and a 1 year high of GBX 1,538.

Cohort (LON:CHRT) last posted its quarterly earnings data on Wednesday, July 15th. The company reported GBX 61.93 earnings per share for the quarter. Cohort had a net margin of 7.80% and a return on equity of 13.59%. Sell-side analysts forecast that Cohort will post 42.7951807 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Andrew Stephen Thomis sold 23,898 shares of the company’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of GBX 1,162, for a total value of £277,694.76. Also, insider Simon Walther sold 39,635 shares of the company’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of GBX 1,162, for a total transaction of £460,558.70. Over the last 90 days, insiders sold 89,010 shares of company stock valued at $109,706,915. Company insiders own 29.78% of the company’s stock.

Cohort Company Profile

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.