Coats Group (OTCMKTS:CGGGF) Price Target Increased to GBX 100 by Analysts at Berenberg Bank

Coats Group (OTCMKTS:CGGGF – Get Rating) had its target price upped by Berenberg Bank from GBX 90 ($1.10) to GBX 100 ($1.22) in a report published on Monday morning, The Fly reports.

Separately, Barclays lifted their price objective on Coats Group from GBX 90 ($1.10) to GBX 105 ($1.28) in a report on Friday, March 3rd.

Coats Group Stock Performance

CGGGF stock opened at $0.89 on Monday. Coats Group has a 1-year low of $0.83 and a 1-year high of $0.89. The business has a fifty day moving average price of $0.72 and a 200-day moving average price of $0.65.

Coats Group Company Profile

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Coats Group plc, together with its subsidiaries, manufactures and supplies industrial threads worldwide. The company provides apparel and footwear, and accessories threads for sport/athleisure, denim, women wear, menswear, children's wear, leather wear, workwear, footwear, and intimates and underwear under Epic, Dual Duty, Seamsoft, Nylbond, Gral, Gramax, Astra, Sylko, Knit, EcoVerde, Eloflex, and Drybond brands; zips, trims, and crafting's for use in zips, interlinings, reflective tapes, and crafting products under Opti, Signal, and Connect brands; and software solutions that enables supply chain productivity gains and enhances supply and facilitating compliance under Coats Digital, FastReactPlan, VisionPLM, GSDCost, Intellocut, and Intellobuy.