Coats Group (LON:COA) Trading Up 9% – Time to Buy?

Coats Group plc (LON:COA) shot up 9% on Tuesday . The company traded as high as GBX 85.55 and last traded at GBX 84.55. Approximately 8,792,901 shares changed hands during mid-day trading, a decline of 17% from the average session volume of 10,557,456 shares. The stock had previously closed at GBX 77.55.

Analysts Set New Price Targets

A number of research firms have weighed in on COA. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 115 price objective on shares of Coats Group in a report on Thursday, May 21st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 125 price target on shares of Coats Group in a research note on Friday, May 8th. Berenberg Bank reiterated a “buy” rating and set a GBX 135 price objective on shares of Coats Group in a research note on Friday, June 5th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 125 price objective on shares of Coats Group in a report on Thursday, May 21st. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 125.

Coats Group Trading Up 9.0%

The firm has a market cap of £1.62 billion, a price-to-earnings ratio of 14.40, a P/E/G ratio of 0.92 and a beta of 1.26. The company has a debt-to-equity ratio of 157.67, a quick ratio of 1.06 and a current ratio of 1.56. The company’s 50-day moving average is GBX 78.30 and its 200-day moving average is GBX 83.02.

About Coats Group

Coats is a world-leading Tier 2 manufacturer and trusted partner for the apparel and footwear industries, delivering the essential materials, components, and software solutions that help our customers grow, compete and win.

We help the apparel and footwear industry perform at its best through impactful sustainability solutions, insight-led innovation and industry-leading technology platforms.

Headquartered in the UK, Coats is a FTSE 250 company and a constituent of the FTSE4Good Index. In 2025, we generated $1.5 billion in revenue and employed 19,000 people worldwide — all united by a spirit of innovation, quality and service.