Coats Group PLC (LON:COA) had its target price lifted by investment analysts at Peel Hunt from GBX 41 ($0.51) to GBX 44 ($0.54) in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock. Peel Hunt’s price target indicates a potential upside of 30.37% from the stock’s current price.

Shares of Coats Group PLC (LON:COA) opened at 39.00 on Thursday. The firm’s market cap is GBX 538.87 million. The stock’s 50 day moving average is GBX 30.64 and its 200-day moving average is GBX 29.06. Coats Group PLC has a one year low of GBX 21.25 and a one year high of GBX 39.00.

Coats Group PLC Company Profile

Coats Group plc, formerly Guinness Peat Group plc, is a United Kingdom-based company engaged in industrial thread and consumer textiles crafts business. The Company’s segments are Industrial and Crafts. It offers apparel, footwear and accessories threads; zips and trims products, and coats global services.

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