Cohort’s (CHRT) “Hold” Rating Reaffirmed at Jefferies Financial Group

Cohort (LON:CHRTGet Free Report)‘s stock had its “hold” rating reiterated by research analysts at Jefferies Financial Group in a research note issued to investors on Thursday,London Stock Exchange reports. They currently have a GBX 1,290 price target on the stock. Jefferies Financial Group’s target price points to a potential downside of 6.11% from the stock’s previous close.

Cohort Price Performance

Shares of CHRT opened at GBX 1,374 on Thursday. Cohort has a 12-month low of GBX 881.10 and a 12-month high of GBX 1,796. The business’s fifty day moving average is GBX 1,237.92 and its 200 day moving average is GBX 1,168.12. The company has a quick ratio of 0.93, a current ratio of 1.36 and a debt-to-equity ratio of 57.48. The stock has a market cap of £629.36 million, a P/E ratio of 34.31 and a beta of 0.31.

Insider Activity

In related news, insider Andrew Stephen Thomis sold 1,613 shares of the stock in a transaction on Thursday, April 9th. The stock was sold at an average price of GBX 1,240, for a total value of £20,001.20. 28.37% of the stock is currently owned by corporate insiders.

Cohort Company Profile

(Get Free Report)

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.

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