Cohort (LON:CHRT) Earns “Hold” Rating from Jefferies Financial Group

Cohort (LON:CHRT)‘s stock had its “hold” rating reissued by research analysts at Jefferies Financial Group in a research note issued to investors on Friday, Digital Look reports. They currently have a GBX 1,300 price objective on the stock. Jefferies Financial Group’s price target suggests a potential upside of 12.65% from the stock’s current price.

A number of other analysts have also recently commented on CHRT. Berenberg Bank restated a “buy” rating and set a GBX 1,630 target price on shares of Cohort in a report on Friday. Royal Bank Of Canada lifted their price target on shares of Cohort from GBX 1,740 to GBX 1,760 and gave the company an “outperform” rating in a research report on Friday, July 17th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,563.33.

Cohort Stock Up 1.2%

Shares of CHRT traded up GBX 14 on Friday, reaching GBX 1,154. The stock had a trading volume of 102,761 shares, compared to its average volume of 406,066. 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 has a 12-month low of GBX 881.10 and a 12-month high of GBX 1,538. The firm has a market capitalization of £530.61 million, a price-to-earnings ratio of 22.50 and a beta of 0.34. The company has a 50-day simple moving average of GBX 1,239.49 and a 200-day simple moving average of GBX 1,257.66.

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

Insiders Place Their Bets

In other news, insider Andrew Stephen Thomis sold 23,898 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of GBX 1,162, for a total value of £277,694.76. Also, insider Simon Walther sold 39,635 shares of the firm’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of GBX 1,162, for a total value of £460,558.70. Insiders have sold 89,010 shares of company stock valued at $109,706,915 in the last quarter. 29.78% of the stock is owned by company 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.