Coats Group PLC (COA) Given “Buy” Rating at Berenberg Bank
Berenberg Bank reaffirmed their buy rating on shares of Coats Group PLC (LON:COA) in a report released on Thursday, MarketBeat Ratings reports. Berenberg Bank currently has a GBX 100 ($1.30) price target on the stock.
COA has been the topic of a number of other research reports. Peel Hunt reissued a buy rating on shares of Coats Group PLC in a research report on Monday, June 26th. Canaccord Genuity increased their price target on Coats Group PLC from GBX 80 ($1.04) to GBX 100 ($1.30) and gave the stock a buy rating in a research report on Monday, May 22nd.
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About Coats Group PLC
Coats Group plc is a United Kingdom-based company engaged in industrial thread manufacturing. The Company’s segments are Industrial and Crafts. It offers clothing, accessories, furniture, fiber optics and healthcare items. It also offers technical threads used in various industries, such as automotive; bedding and mattresses; flame retardant protective wear; outdoor goods/sports equipment, and home textiles.
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