Colt Group SA’s “Sell” Rating Reaffirmed at FinnCap (COLT)
Colt Group SA (LON:COLT)‘s stock had its “sell” rating reaffirmed by FinnCap in a research note issued on Tuesday, AR Network reports. They currently have a GBX 100 ($1.68) price objective on the stock. FinnCap’s price target points to a potential downside of 20.82% from the stock’s previous close.
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 on Wednesday, April 16th. They now have a GBX 170 ($2.86) price target on the stock. Separately, analysts at HSBC reiterated an “underweight” rating on shares of Colt Group SA in a research note on Wednesday, April 9th. They now have a GBX 100 ($1.68) price target on the stock. Finally, analysts at Nomura reiterated a “neutral” rating on shares of Colt Group SA in a research note on Friday, March 21st. They now have a GBX 140 ($2.35) price target on the stock. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company’s stock. Colt Group SA currently has an average rating of “Hold” and a consensus target price of GBX 142 ($2.38).
Shares of Colt Group SA (LON:COLT) traded down 12.72% on Tuesday, hitting GBX 126.30. The stock had a trading volume of 1,854,037 shares. Colt Group SA has a 52 week low of GBX 93.899 and a 52 week high of GBX 155.00. The stock has a 50-day moving average of GBX 144.2 and a 200-day moving average of GBX 131.1. The company’s market cap is £1.129 billion.
Colt Group SA, (LON:COLT), is a Luxembourg-based holding company.
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