Cohort (LON:CHRT) Insider Andrew Stephen Thomis Sells 23,898 Shares

Cohort plc (LON:CHRT) insider Andrew Stephen Thomis sold 23,898 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 £277,694.76.

Cohort Stock Performance

CHRT traded up GBX 23.07 during midday trading on Friday, reaching GBX 1,147.07. The company’s stock had a trading volume of 44,719 shares, compared to its average volume of 421,508. The company has a current ratio of 1.43, a quick ratio of 0.93 and a debt-to-equity ratio of 30.21. The company has a fifty day simple moving average of GBX 1,279.91 and a 200 day simple moving average of GBX 1,267.06. The stock has a market cap of £527.42 million, a P/E ratio of 22.36 and a beta of 0.34. Cohort plc has a twelve month low of GBX 881.10 and a twelve month high of GBX 1,538.

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

Analyst Ratings Changes

Several equities analysts recently commented on CHRT shares. Jefferies Financial Group reiterated a “hold” rating and set a GBX 1,300 target price on shares of Cohort in a research note on Wednesday, July 1st. Royal Bank Of Canada raised their price target on shares of Cohort from GBX 1,740 to GBX 1,760 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 1,630 price objective on shares of Cohort in a report on Tuesday, July 21st. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 1,563.33.

About Cohort

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.