Cohort’s (CHRT) “Hold” Rating Reiterated at Jefferies Financial Group

Cohort (LON:CHRT)‘s stock had its “hold” rating restated by analysts at Jefferies Financial Group in a report issued on Wednesday,Digital Look reports. They currently have a GBX 1,300 price target on the stock. Jefferies Financial Group’s price target suggests a potential downside of 2.11% from the company’s previous close.

Separately, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 1,740 price objective on shares of Cohort in a research note on Thursday, May 28th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 1,556.67.

Cohort Trading Up 8.0%

Shares of LON CHRT traded up GBX 98 during trading hours on Wednesday, hitting GBX 1,328. 71,579 shares of the company traded hands, compared to its average volume of 531,450. The company’s 50 day moving average price is GBX 1,231.99 and its 200 day moving average price is GBX 1,188.02. Cohort has a 12 month low of GBX 881.10 and a 12 month high of GBX 1,796. The stock has a market capitalization of £608.57 million, a price-to-earnings ratio of 33.16 and a beta of 0.34. The company has a current ratio of 1.36, a quick ratio of 0.93 and a debt-to-equity ratio of 57.48.

Insider Activity at Cohort

In other news, insider Andrew Stephen Thomis sold 1,613 shares of the stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of GBX 1,240, for a total value of £20,001.20. Corporate insiders own 28.35% of the company’s stock.

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.