Cohort (LON:CHRT) Price Target Raised to GBX 1,760

Cohort (LON:CHRT) had its price target upped by Royal Bank Of Canada from GBX 1,740 to GBX 1,760 in a research note issued to investors on Friday morning,Digital Look reports. Royal Bank Of Canada currently has an outperform rating on the stock.

Separately, Jefferies Financial Group reiterated a “hold” rating and set a GBX 1,300 target price on shares of Cohort in a research report on Wednesday, July 1st. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,530.

Cohort Price Performance

Shares of LON:CHRT opened at GBX 1,300 on Friday. Cohort has a fifty-two week low of GBX 881.10 and a fifty-two week high of GBX 1,722. The company has a quick ratio of 0.93, a current ratio of 1.43 and a debt-to-equity ratio of 30.21. The firm’s 50-day simple moving average is GBX 1,257.20 and its 200-day simple moving average is GBX 1,226.73. The company has a market cap of £595.79 million, a price-to-earnings ratio of 32.46 and a beta of 0.34.

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

Insider Buying and Selling

In other Cohort news, insider Simon Walther sold 519 shares of the business’s stock in a transaction on Thursday, July 16th. The shares were sold at an average price of GBX 1,331, for a total transaction of £6,907.89. Company insiders own 28.34% of the company’s stock.

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.