Cohort PLC Stock Rating Reaffirmed by Investec (CHRT)
Cohort PLC (LON:CHRT)‘s stock had its “buy” rating restated by investment analysts at Investec in a note issued to investors on Monday, Stock Ratings Network reports. They currently have a GBX 250 ($4.12) price objective on the stock. Investec’s target price would indicate a potential upside of 13.90% from the company’s current price.
Cohort PLC (LON:CHRT) opened at 219.50 on Monday. Cohort PLC has a 52 week low of GBX 126.00 and a 52 week high of GBX 186.00. The stock’s 50-day moving average is GBX 211.1 and its 200-day moving average is GBX 189.7.
The company also recently announced a dividend, which is scheduled for Wednesday, March 5th. Stockholders of record on Wednesday, February 5th will be paid a dividend of GBX 1.40 ($0.02) per share. This represents a dividend yield of 0.72%. The ex-dividend date is Wednesday, February 5th.
Cohort plc is a United Kingdom-based holding company. The Company is the parent company of agile and responsive businesses operating in defence and related markets.
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