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

Cohort (LON:CHRT)‘s stock had its “hold” rating reaffirmed by Jefferies Financial Group in a report issued on Thursday,London Stock Exchange reports. They currently have a GBX 1,290 price objective on the stock. Jefferies Financial Group’s target price would indicate a potential downside of 6.11% from the stock’s current price.

Cohort Price Performance

Cohort stock opened at GBX 1,374 on Thursday. The stock has a market capitalization of £629.36 million, a price-to-earnings ratio of 34.31 and a beta of 0.31. Cohort has a 52-week low of GBX 881.10 and a 52-week high of GBX 1,796. The stock’s 50 day moving average price is GBX 1,237.92 and its two-hundred day moving average price is GBX 1,168.12. The company has a debt-to-equity ratio of 57.48, a quick ratio of 0.93 and a current ratio of 1.36.

Insider Activity

In other Cohort news, insider Andrew Stephen Thomis sold 1,613 shares of the stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of GBX 1,240, for a total transaction of £20,001.20. Insiders own 28.37% 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.