Cohort (LON:CHRT) Given “Hold” Rating at Jefferies Financial Group

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

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

Cohort Stock Performance

LON CHRT traded up GBX 14 on Friday, hitting GBX 1,154. 102,761 shares of the company’s stock traded hands, compared to its average volume of 406,066. The firm’s 50-day moving average price is GBX 1,239.49 and its two-hundred day moving average price is GBX 1,256.94. The firm has a market capitalization of £530.61 million, a PE ratio of 22.50 and a beta of 0.34. The company has a current ratio of 1.43, a quick ratio of 0.93 and a debt-to-equity ratio of 30.21. Cohort has a 1-year low of GBX 881.10 and a 1-year high of GBX 1,538.

Cohort (LON:CHRT) last posted its 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, analysts expect that Cohort will post 42.7951807 EPS for the current year.

Insider Activity at Cohort

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

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.