Coats Group (LON:COA) Shares Break Above 50-Day Moving Average – Here’s Why

Shares of Coats Group plc (LON:COA) passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of GBX 81.22 and traded as high as GBX 84.60. Coats Group shares last traded at GBX 83.20, with a volume of 1,234,034 shares changing hands.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 135 price target on shares of Coats Group in a report on Wednesday, July 29th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 111 target price on shares of Coats Group in a research note on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 110 target price on shares of Coats Group in a report on Wednesday, September 9th. Five research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 121.20.

Coats Group Trading Down 0.7%

The company has a debt-to-equity ratio of 151.37, a quick ratio of 1.06 and a current ratio of 1.61. The firm has a market capitalization of £1.57 billion, a P/E ratio of 15.21, a price-to-earnings-growth ratio of 0.92 and a beta of 1.26. The firm has a 50-day moving average of GBX 81.15 and a 200-day moving average of GBX 80.92.

Coats Group Company Profile

Coats is a world-leading Tier 2 manufacturer and trusted partner for the apparel and footwear industries, delivering the essential materials, components, and software solutions that help our customers grow, compete and win.

We help the apparel and footwear industry perform at its best through impactful sustainability solutions, insight-led innovation and industry-leading technology platforms.

Headquartered in the UK, Coats is a FTSE 250 company and a constituent of the FTSE4Good Index. In 2025, we generated $1.5 billion in revenue and employed 19,000 people worldwide — all united by a spirit of innovation, quality and service.