Cohort (LON:CHRT – Get Free Report) released its earnings results on Wednesday. The company reported GBX 61.93 earnings per share for the quarter, Digital Look Earnings reports. Cohort had a return on equity of 11.27% and a net margin of 6.51%.
Cohort Stock Performance
Shares of CHRT stock traded down GBX 4.43 during mid-day trading on Wednesday, reaching GBX 1,289.57. The stock had a trading volume of 126,875 shares, compared to its average volume of 501,446. Cohort has a 1-year low of GBX 881.10 and a 1-year high of GBX 1,796. The firm has a market cap of £591.01 million, a price-to-earnings ratio of 32.20 and a beta of 0.34. The company has a current ratio of 1.36, a quick ratio of 0.93 and a debt-to-equity ratio of 57.48. The business’s fifty day moving average is GBX 1,250.68 and its 200-day moving average is GBX 1,218.27.
Analysts Set New Price Targets
CHRT has been the topic of several recent analyst reports. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 1,300 price target on shares of Cohort in a research note on Wednesday, July 1st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 1,740 price target on shares of Cohort in a research note on Thursday, May 28th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 1,556.67.
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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