Colt Group SA Given New GBX 175 Price Target at Citigroup Inc. (COLT)
Research analysts at Citigroup Inc. upped their target price on shares of Colt Group SA (LON:COLT) from GBX 150 ($2.57) to GBX 175 ($3.00) in a report released on Tuesday. The firm currently has a “buy” rating on the stock. Citigroup Inc.’s price target suggests a potential upside of 26.81% from the stock’s previous close.
Colt Group SA (LON:COLT) traded down 1.43% on Tuesday, hitting GBX 138.00. The stock had a trading volume of 253,856 shares. Colt Group SA has a 52-week low of GBX 98.00 and a 52-week high of GBX 155.00. The stock’s 50-day moving average is GBX 140.8 and its 200-day moving average is GBX 136.8. The company’s market cap is £1.234 billion.
A number of other firms have also recently commented on COLT. Analysts at Barclays reiterated an “overweight” rating on shares of Colt Group SA in a research note on Wednesday, July 2nd. They now have a GBX 160 ($2.74) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Colt Group SA in a research note on Friday, June 27th. They now have a GBX 170 ($2.92) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Colt Group SA in a research note on Monday, April 28th. They now have a GBX 115 ($1.97) price target on the stock. Two research analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 142.50 ($2.44).
Colt Group SA, (LON:COLT), is a Luxembourg-based holding company.