Colt Group SA Given “Neutral” Rating at JPMorgan Chase & Co. (COLT)
Colt Group SA (LON:COLT)‘s stock had its “neutral” rating reaffirmed by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Monday, Analyst Ratings Network.com reports. They currently have a GBX 115 ($1.93) price target on the stock. JPMorgan Chase & Co.’s target price would suggest a potential downside of 13.73% from the stock’s previous close.
Shares of Colt Group SA (LON:COLT) opened at 130.50 on Monday. Colt Group SA has a 52-week low of GBX 93.899 and a 52-week high of GBX 155.00. The stock’s 50-day moving average is GBX 144.1 and its 200-day moving average is GBX 131.1. The company’s market cap is £1.167 billion.
COLT has been the subject of a number of other recent research reports. Analysts at HSBC reiterated an “underweight” rating on shares of Colt Group SA in a research note on Friday. They now have a GBX 90 ($1.51) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Colt Group SA in a research note on Thursday. They now have a GBX 150 ($2.52) price target on the stock. Finally, analysts at Nomura reiterated a “neutral” rating on shares of Colt Group SA in a research note on Tuesday, April 22nd. They now have a GBX 140 ($2.35) price target on the stock. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 141 ($2.37).
Colt Group SA, (LON:COLT), is a Luxembourg-based holding company.
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