Cohort (LON:CHRT) Earns “Outperform” Rating from Royal Bank Of Canada

Cohort (LON:CHRT)‘s stock had its “outperform” rating reaffirmed by analysts at Royal Bank Of Canada in a report released on Thursday,London Stock Exchange reports. They presently have a GBX 1,740 price objective on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 26.64% from the company’s previous close.

Separately, Jefferies Financial Group reiterated a “hold” rating and set a GBX 1,290 price target on shares of Cohort in a research report on Thursday. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Cohort has an average rating of “Moderate Buy” and an average price target of GBX 1,553.33.

Cohort Stock Performance

Shares of CHRT opened at GBX 1,374 on Thursday. The company has a market cap of £629.36 million, a PE ratio of 34.31 and a beta of 0.31. The company has a current ratio of 1.36, a quick ratio of 0.93 and a debt-to-equity ratio of 57.48. The stock has a 50-day moving average price of GBX 1,237.92 and a 200-day moving average price of GBX 1,168.12. Cohort has a 12-month low of GBX 881.10 and a 12-month high of GBX 1,796.

Insider Buying and Selling at Cohort

In related 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 transaction of £20,001.20. Corporate insiders own 28.37% 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.