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

Cohort (LON:CHRT)‘s stock had its “hold” rating reaffirmed by research analysts at Jefferies Financial Group in a research note issued on Friday, Digital Look reports. They presently have a GBX 1,300 price target on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 11.11% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,630 target price on shares of Cohort in a research note on Friday. Royal Bank Of Canada increased their price target 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 research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,563.33.

Cohort Price Performance

Cohort stock opened at GBX 1,170 on Friday. The stock has a market capitalization of £537.97 million, a P/E ratio of 22.81 and a beta of 0.34. Cohort has a 12-month low of GBX 881.10 and a 12-month high of GBX 1,538. The company has a debt-to-equity ratio of 30.21, a current ratio of 1.43 and a quick ratio of 0.93. The firm’s 50-day moving average is GBX 1,242.41 and its two-hundred day moving average is GBX 1,258.39.

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

Insider Transactions at Cohort

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