Coats Group PLC (LON:COA) insider Simon Boddie bought 100,000 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The shares were acquired at an average cost of GBX 83 ($1.15) per share, with a total value of £83,000 ($114,672.56).
Shares of Coats Group PLC (LON:COA) opened at GBX 82.10 ($1.13) on Thursday. The company has a market cap of $1,170.00 and a PE ratio of 2,052.50. Coats Group PLC has a 52-week low of GBX 52 ($0.72) and a 52-week high of GBX 90 ($1.24).
Several equities research analysts have recently commented on the stock. Peel Hunt reissued a “buy” rating and set a GBX 90 ($1.24) target price on shares of Coats Group in a research report on Tuesday. Berenberg Bank decreased their target price on shares of Coats Group from GBX 100 ($1.38) to GBX 95 ($1.31) and set a “buy” rating for the company in a research report on Thursday, February 8th.
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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