Cohort’s (CHRT) “Buy” Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Cohort (LON:CHRTFree Report) in a research note issued to investors on Wednesday morning, Marketbeat reports. Shore Capital currently has a GBX 1,630 ($21.88) price target on the stock.

Cohort Trading Up 1.7%

CHRT opened at GBX 1,552 ($20.83) on Wednesday. The firm has a market cap of £704.46 million, a PE ratio of 40.99 and a beta of 0.56. Cohort has a twelve month low of GBX 760.50 ($10.21) and a twelve month high of GBX 1,796 ($24.11). The company has a debt-to-equity ratio of 37.28, a quick ratio of 0.93 and a current ratio of 1.55. The firm’s fifty day moving average is GBX 1,527.45 and its two-hundred day moving average is GBX 1,305.03.

Cohort (LON:CHRTGet Free Report) last issued its quarterly earnings data on Wednesday, July 16th. The company reported GBX 54.44 ($0.73) EPS for the quarter. Cohort had a return on equity of 14.91% and a net margin of 7.56%. Equities research analysts anticipate that Cohort will post 42.7951807 EPS for the current year.

Insiders Place Their Bets

In related news, insider Andrew Stephen Thomis sold 48,961 shares of the firm’s stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of GBX 1,743 ($23.40), for a total transaction of £853,390.23 ($1,145,490.24). Also, insider Simon Walther sold 54,979 shares of the firm’s stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of GBX 1,743 ($23.40), for a total transaction of £958,283.97 ($1,286,287.21). In the last three months, insiders have sold 560,452 shares of company stock worth $976,704,036. Company insiders own 39.22% of the company’s stock.

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.

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