Colt Group SA Given “Buy” Rating at Deutsche Bank (COLT)
Colt Group SA (LON:COLT)‘s stock had its “buy” rating restated by analysts at Deutsche Bank in a research report issued to clients and investors on Wednesday, Stock Ratings News reports. They currently have a GBX 145 ($2.39) price objective on the stock. Deutsche Bank’s price objective indicates a potential upside of 14.08% from the company’s current price.
Colt Group SA (LON:COLT) traded up 4.61% during mid-day trading on Wednesday, hitting GBX 127.10. 166,303 shares of the company’s stock traded hands. Colt Group SA has a 52 week low of GBX 93.899 and a 52 week high of GBX 135.90. The stock’s 50-day moving average is GBX 126. and its 200-day moving average is GBX 118.3. The company’s market cap is £1.136 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays reiterated an “overweight” rating on shares of Colt Group SA in a research note to investors on Thursday, January 23rd. They now have a GBX 175 ($2.88) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Colt Group SA in a research note to investors on Wednesday, January 22nd. They now have a GBX 115 ($1.89) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Colt Group SA in a research note to investors on Thursday, January 16th. They now have a GBX 150 ($2.47) price target on the stock. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of GBX 138.34 ($2.28).
Colt Group Sa (LON:COLT) is a holding company.
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