Cohort (LON:CHRT – Get Free Report)‘s stock had its “buy” rating reiterated by investment analysts at Berenberg Bank in a report issued on Friday, Digital Look reports. They currently have a GBX 1,630 price target on the stock. Berenberg Bank’s price target would indicate a potential upside of 36.97% from the company’s previous close.
A number of other analysts have also commented on CHRT. Royal Bank Of Canada boosted their price objective on shares of Cohort from GBX 1,740 to GBX 1,760 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 1,300 price target on shares of Cohort in a research note on Wednesday, July 1st. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,563.33.
Get Our Latest Stock Report on CHRT
Cohort Stock Up 4.4%
Cohort (LON:CHRT – Get Free Report) last released its quarterly earnings results on Wednesday, July 15th. The company reported GBX 61.93 earnings per share for the quarter. Cohort had a return on equity of 13.59% and a net margin of 7.80%. On average, analysts predict that Cohort will post 42.7951807 earnings per share for the current fiscal year.
Insider Buying and Selling at Cohort
In other Cohort news, insider Andrew Stephen Thomis sold 23,898 shares of the company’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of GBX 1,162, for a total transaction of £277,694.76. Also, insider Simon Walther sold 39,635 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of GBX 1,162, for a total transaction of £460,558.70. Insiders sold 89,010 shares of company stock valued at $109,706,915 over the last three months. 29.78% of the stock is owned by company insiders.
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.
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