Separately, Berenberg Bank reiterated a buy rating and issued a GBX 100 ($1.38) target price on shares of Coats Group in a research note on Thursday, December 14th.
Coats Group (COA) opened at GBX 82.20 ($1.14) on Tuesday. The stock has a market capitalization of $1,170.00 and a price-to-earnings ratio of 2,055.00. Coats Group has a one year low of GBX 52 ($0.72) and a one year high of GBX 90 ($1.24).
About Coats Group
Coats Group plc is a United Kingdom-based company engaged in industrial thread manufacturing. The Company’s segments are Industrial and Crafts. It offers clothing, accessories, furniture, fiber optics and healthcare items. It also offers technical threads used in various industries, such as automotive; bedding and mattresses; flame retardant protective wear; outdoor goods/sports equipment, and home textiles.
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