Cohort (LON:CHRT) Earns “Hold” Rating from Jefferies Financial Group

Cohort (LON:CHRT)‘s stock had its “hold” rating restated by analysts at Jefferies Financial Group in a research report issued to clients and investors on Friday, Digital Look reports. They presently have a GBX 1,300 price target on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 11.30% from the stock’s previous close.

CHRT has been the subject of a number of other reports. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,630 price target on shares of Cohort in a research note on Friday. Royal Bank Of Canada raised their target price on Cohort from GBX 1,740 to GBX 1,760 and gave the company an “outperform” rating in a research note on Friday, July 17th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Cohort presently has an average rating of “Moderate Buy” and an average target price of GBX 1,563.33.

Cohort Trading Up 1.2%

Shares of LON:CHRT opened at GBX 1,168 on Friday. The company has a 50 day moving average of GBX 1,239.49 and a 200-day moving average of GBX 1,256.94. The firm has a market cap of £537.05 million, a P/E ratio of 22.77 and a beta of 0.34. Cohort has a twelve month low of GBX 881.10 and a twelve month high of GBX 1,538. The company has a current ratio of 1.43, a quick ratio of 0.93 and a debt-to-equity ratio of 30.21.

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

Insider Activity at Cohort

In other news, insider Simon Walther sold 39,635 shares of the firm’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of GBX 1,162, for a total transaction of £460,558.70. Also, 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. In the last 90 days, insiders sold 89,010 shares of company stock worth $109,706,915. 29.78% of the stock is currently owned by company insiders.

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. 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.