Coats Group (LON:COA) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Coats Group plc (LON:COAGet Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 83.55 and traded as low as GBX 74.55. Coats Group shares last traded at GBX 74.70, with a volume of 5,864,621 shares.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 125 price target on shares of Coats Group in a report on Thursday, May 21st. Royal Bank Of Canada restated an “outperform” rating and set a GBX 125 price objective on shares of Coats Group in a research report on Friday, May 8th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 135 target price on shares of Coats Group in a research note on Friday, June 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 115 target price on shares of Coats Group in a report on Thursday, May 21st. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Coats Group presently has an average rating of “Buy” and an average target price of GBX 125.

Get Our Latest Report on Coats Group

Coats Group Stock Performance

The company has a market capitalization of £1.43 billion, a PE ratio of 12.73, a price-to-earnings-growth ratio of 0.92 and a beta of 1.26. The stock’s fifty day simple moving average is GBX 79.77 and its 200-day simple moving average is GBX 83.55. The company has a debt-to-equity ratio of 157.67, a quick ratio of 1.06 and a current ratio of 1.56.

About Coats Group

(Get Free Report)

Coats is a world-leading Tier 2 manufacturer and trusted partner for the apparel and footwear industries, delivering the essential materials, components, and software solutions that help our customers grow, compete and win.

We help the apparel and footwear industry perform at its best through impactful sustainability solutions, insight-led innovation and industry-leading technology platforms.

Headquartered in the UK, Coats is a FTSE 250 company and a constituent of the FTSE4Good Index. In 2025, we generated $1.5 billion in revenue and employed 19,000 people worldwide — all united by a spirit of innovation, quality and service.

Read More

Receive News & Ratings for Coats Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coats Group and related companies with MarketBeat.com's FREE daily email newsletter.