Royal Bank Of Canada Reiterates “Outperform” Rating for Cohort (LON:CHRT)

Cohort (LON:CHRT)‘s stock had its “outperform” rating restated by investment analysts at Royal Bank Of Canada in a research report issued to clients and investors on Thursday,London Stock Exchange reports. They currently have a GBX 1,740 target price on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 26.64% from the company’s current price.

Separately, Jefferies Financial Group restated a “hold” rating and issued a GBX 1,290 target price on shares of Cohort in a research note on Thursday. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,553.33.

Cohort Trading Up 1.0%

Shares of CHRT opened at GBX 1,374 on Thursday. The business has a 50-day moving average of GBX 1,237.92 and a 200 day moving average of GBX 1,168.12. Cohort has a fifty-two week low of GBX 881.10 and a fifty-two week high of GBX 1,796. The firm has a market cap of £629.36 million, a P/E ratio of 34.31 and a beta of 0.31. 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 Buying and Selling

In other Cohort news, insider Andrew Stephen Thomis sold 1,613 shares of the firm’s stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of GBX 1,240, for a total value of £20,001.20. 28.37% of the stock is currently owned by corporate insiders.

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.