Royal Bank Of Canada Issues Positive Forecast for Cohort (LON:CHRT) Stock Price

Cohort (LON:CHRT) had its price objective increased by Royal Bank Of Canada from GBX 1,740 to GBX 1,760 in a report published on Friday,Digital Look reports. The firm currently has an outperform rating on the stock.

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

Cohort Price Performance

LON:CHRT opened at GBX 1,300 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.43 and a debt-to-equity ratio of 30.21. The business’s 50-day simple moving average is GBX 1,257.20 and its two-hundred day simple moving average is GBX 1,224.48. The stock has a market cap of £595.79 million, a PE ratio of 32.46 and a beta of 0.34. Cohort has a 52 week low of GBX 881.10 and a 52 week high of GBX 1,722.

Cohort (LON:CHRT) last announced its quarterly earnings data on Wednesday, July 15th. The company reported GBX 61.93 EPS for the quarter. Cohort had a return on equity of 13.59% and a net margin of 7.80%. As a group, analysts forecast that Cohort will post 42.7951807 EPS for the current fiscal year.

Insider Transactions at Cohort

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

About Cohort

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.