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Peel Hunt announced Coats Group Plc (LON:COA), bumping up its stock price target to 44.00GBX today

Yesterday Coats Group Plc (LON:COA) traded 1.37% higher at 37.50GBX. Coats Group Plc’s 50-day average is 30.97GBX and its two hundred day average is 29.17GBX. With the last close up 26.84% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 687,971 shares of COA changing hands under the typical 2,103,760

In a statement issued on Thursday October 13, 2016 Peel Hunt raised the target price of Coats Group Plc (LON:COA) from 41.00GBX to 44.00GBX indicating a possible upside of 0.17%.

Previously on 7/28/2016, Peel Hunt reported on Coats Group Plc (LON:COA) held steady the target price at 41.00GBX. At the time, this indicated a possible upside of 0%.

Recent Performance Chart

Coats Group Plc (LON:COA)

Coats Group Plc has PE ratio of 21.76 with a one year low of 21.25GBX and a one year high of 39.00GBX and has a market capitalization of 0 GBX.

General Company Details For Coats Group Plc (LON:COA)

Coats Group plc, formerly Guinness Peat Group plc, is a United Kingdom-based company engaged in industrial thread and consumer textiles crafts business. The Company's segments are Industrial and Crafts. It offers apparel, footwear and accessories threads; zips and trims products, and coats global services. It also offers specialty threads and yarns ranging from threads used in traditional markets, such as bedding and air bags; emerging applications, such as tea bags and fiber optics cables, and engineered yarns used in composites and conductive products. Its serves apparel and footwear industries, and specialty markets, such as automotive and fiber optics. It is engaged in textile crafts business in the Americas. The Company offers knitting yarns, crochet yarns, sewing threads, embroidery threads and needlecraft kits, and a range of accessories. The Company offers its products under the brands, including Milward, Opti, Rowan, Anchor, Drima, Cisne, Royal Paris and Red Heart.

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