Cohort (LON:CHRT) Insider Buys 142 Shares of Company Stock

Cohort plc (LON:CHRT) insider Simon Walther purchased 142 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The shares were bought at an average price of GBX 1,260 per share, for a total transaction of £1,789.20.

Simon Walther also recently made the following trade(s):

• On Tuesday, September 1st, Simon Walther sold 39,635 shares of Cohort stock. The stock was sold at an average price of GBX 1,162, for a total value of £460,558.70.
• On Friday, August 14th, Simon Walther sold 24,958 shares of Cohort stock. The stock was sold at an average price of GBX 1,410, for a total transaction of £351,907.80.

Cohort Trading Up 2.8%

LON CHRT traded up GBX 36 on Friday, hitting GBX 1,300. 96,702 shares of the stock were exchanged, compared to its average volume of 387,537. The company has a debt-to-equity ratio of 30.21, a quick ratio of 0.93 and a current ratio of 1.43. Cohort plc has a 52-week low of GBX 881.10 and a 52-week high of GBX 1,538. The firm has a market capitalization of £597.84 million, a P/E ratio of 25.35 and a beta of 0.35. The stock has a fifty day moving average price of GBX 1,223.46 and a two-hundred day moving average price of GBX 1,248.62.

Cohort (LON:CHRT) last announced its earnings results 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%. Research analysts forecast that Cohort plc will post 42.80 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on CHRT shares. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 1,300 price objective on shares of Cohort in a research report on Friday, September 25th. Berenberg Bank reiterated a “buy” rating and set a GBX 1,630 target price on shares of Cohort in a research report on Friday, September 25th. Finally, Royal Bank Of Canada boosted their target price on shares of 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 research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,563.33.

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.