Royal Bank Of Canada Increases Cohort (LON:CHRT) Price Target to GBX 1,760

Cohort (LON:CHRT) had its target price raised by Royal Bank Of Canada from GBX 1,740 to GBX 1,760 in a note issued to investors on Friday,Digital Look reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 35.38% from the stock’s previous close.

Separately, Jefferies Financial Group reissued a “hold” rating and issued a GBX 1,300 price objective on shares of Cohort in a report on Wednesday, July 1st. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 1,530.

Cohort Stock Performance

LON:CHRT opened at GBX 1,300 on Friday. The company has a debt-to-equity ratio of 30.21, a current ratio of 1.43 and a quick ratio of 0.93. The business has a fifty day simple moving average of GBX 1,257.20 and a two-hundred day simple moving average of GBX 1,224.48. Cohort has a 1 year low of GBX 881.10 and a 1 year high of GBX 1,722. The company has a market capitalization of £595.79 million, a P/E ratio of 32.46 and a beta of 0.34.

Cohort (LON:CHRT) last issued its earnings results on Wednesday, July 15th. The company reported GBX 61.93 earnings per share (EPS) for the quarter. Cohort had a return on equity of 13.59% and a net margin of 7.80%. On average, analysts expect that Cohort will post 42.7951807 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Simon Walther sold 519 shares of Cohort stock in a transaction that occurred on Thursday, July 16th. The shares were sold at an average price of GBX 1,331, for a total value of £6,907.89. Company insiders own 28.34% of the company’s stock.

Cohort Company Profile

Cohort plc is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets.

The Group is split into two segments:

Communications and Intelligence
– EID designs and manufactures advanced communications systems for naval and military customers. Cohort acquired a majority stake in June 2016. www.eid.pt

– EM Solutions designs, assembles, tests, and supports satellite communications on-the-move terminals for defence and government customers.