Cohort PLC Given New GBX 300 Price Target at Investec (CHRT)
Equities researchers at Investec boosted their price objective on shares of Cohort PLC (LON:CHRT) from GBX 260 ($4.46) to GBX 300 ($5.15) in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock. Investec’s target price would indicate a potential upside of 42.86% from the stock’s previous close.
Cohort PLC (LON:CHRT) traded up 1.69% on Wednesday, hitting GBX 210.00. 71,210 shares of the company’s stock traded hands. Cohort PLC has a 52-week low of GBX 150.00 and a 52-week high of GBX 215.00. The stock’s 50-day moving average is GBX 199.0 and its 200-day moving average is GBX 195.1.
The company also recently announced a dividend, which is scheduled for Wednesday, September 24th. Stockholders of record on Wednesday, August 27th will be paid a dividend of GBX 2.80 ($0.05) per share. This represents a dividend yield of 1.37%. The ex-dividend date is Wednesday, August 27th.
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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