Several other research analysts have also commented on COA. Berenberg Bank reiterated a buy rating and issued a GBX 110 ($1.44) target price on shares of Coats Group in a research report on Wednesday, August 15th. Citigroup reiterated a buy rating and issued a GBX 109 ($1.42) target price on shares of Coats Group in a research report on Tuesday, August 28th.
Shares of COA traded up GBX 0.20 ($0.00) during mid-day trading on Wednesday, hitting GBX 84.10 ($1.10). The stock had a trading volume of 1,837,540 shares, compared to its average volume of 3,670,000. Coats Group has a fifty-two week low of GBX 55.50 ($0.73) and a fifty-two week high of GBX 90 ($1.18).
Coats Group plc manufactures and supplies industrial threads worldwide. It provides sewing threads, zips, engineered yarns, and embroidery products to apparel, footwear and accessories, technical sewing, and yarn industries; and consumer textile crafts for knitting, crochet, embroidery, patchwork and quilting, and sewing activities.
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