Coats Group PLC (COA) Rating Reiterated by Peel Hunt

Coats Group PLC (LON:COA)‘s stock had its “buy” rating reiterated by equities researchers at Peel Hunt in a report released on Tuesday. They presently have a GBX 90 ($1.19) price objective on the stock. Peel Hunt’s price objective indicates a potential upside of 5.20% from the stock’s current price.

A number of other brokerages have also issued reports on COA. Canaccord Genuity reissued a “buy” rating and issued a GBX 100 ($1.32) price target on shares of Coats Group PLC in a research note on Thursday, August 3rd. Berenberg Bank reissued a “buy” rating and issued a GBX 100 ($1.32) price target on shares of Coats Group PLC in a research note on Wednesday, August 2nd.

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About Coats Group PLC

Coats Group plc is a United Kingdom-based company engaged in industrial thread manufacturing. The Company’s segments are Industrial and Crafts. It offers clothing, accessories, furniture, fiber optics and healthcare items. It also offers technical threads used in various industries, such as automotive; bedding and mattresses; flame retardant protective wear; outdoor goods/sports equipment, and home textiles.

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