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Coats Group PLC Ord 5P (COA)

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03-Nov-2020 07:53 AM

Coats upgrades outlook on improved performance

Thread manufacturer Coats upgraded its outlook on profit following improved trading performance. Adjusted operating profit for 2020 is expected to be ahead of market expectations and in the range of $100-to-$110 million, the company said. For the
13-Aug-2020 08:00 AM

Coats profit slumps in H1 on virus-led disruptions

Industrial thread manufacturer Coats reported a sharp fall in profit owing to a significant impact from the demand and supply disruption caused by Covid-19. For the six month period ended 30 June 2020, pre-tax profit slumped to $10.6m from $85.4m on-yea
04-Jun-2020 01:20 PM

Broker Forecast - Berenberg issues a broker note on Coats Group Plc

Berenberg today reaffirms its buy investment rating on Coats Group Plc (LON:COA) and raised its price target to 65p (from 55p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
20-May-2020 08:20 AM

Coats Group April sales down 50% as coronavirus impact hurts demand, supply

Thread manufacturer Coats Group said April sales were down by about 50% owing to the coronavirus hit to the demand and supply. April sales were down around 50%, as anticipated in the company's base scenario, owing to demand and supply impacts from
27-Mar-2020 09:50 AM

Broker Forecast - Peel Hunt issues a broker note on Coats Group Plc

Peel Hunt today reaffirms its buy investment rating on Coats Group Plc (LON:COA) and cut its price target to 80p (from 90p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
27-Mar-2020 09:22 AM

Coats group cancels dividend, warns on revenue amid downturn in demand

Industrial thread manufacturer Coats group cancelled its dividend and warned on revenue following a downturn in global demand this month as governments worldwide imposed lockdown measures. The company said it had cancelled the proposed 2019 final dividen
26-Mar-2020 01:50 PM

Broker Forecast - Berenberg issues a broker note on Coats Group Plc

Berenberg today upgrades its investment rating on Coats Group Plc (LON:COA) to buy (from hold) and cut its price target to 55p (from 80p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
19-Mar-2020 10:10 AM

Broker Forecast - RBC Capital Markets issues a broker note on Coats Group Plc

RBC Capital Markets today reaffirms its outperform investment rating on Coats Group Plc (LON:COA) and cut its price target to 80p (from 90p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
06-Mar-2020 03:30 PM

Broker Forecast - Barclays Capital issues a broker note on Coats Group Plc

Barclays Capital today reaffirms its equal weight investment rating on Coats Group Plc (LON:COA) and cut its price target to 73p (from 76p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
20-Jan-2020 03:30 PM

Broker Forecast - Berenberg issues a broker note on Coats Group Plc

Berenberg today downgrades its investment rating on Coats Group Plc (LON:COA) to hold (from buy) and cut its price target to 80p (from 90p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
27-Nov-2019 11:50 AM

Broker Forecast - Barclays Capital issues a broker note on Coats Group Plc

Barclays Capital today reaffirms its equal weight investment rating on Coats Group Plc (LON:COA) and cut its price target to 76p (from 82p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
22-Nov-2019 09:40 AM

Broker Forecast - Peel Hunt issues a broker note on Coats Group Plc

Peel Hunt today reaffirms its buy investment rating on Coats Group Plc (LON:COA) and cut its price target to 90p (from 100p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
22-Nov-2019 07:20 AM

Coats warns on profit in 'challenging market conditions'

Industrial thread company Coats has delivered a profit warning as a 'challenging' market leads to slower sales. In a year-end trading update the company reported that sales growth for the 12 months to 31 October was up 1% on a constant exchange
15-Aug-2019 10:20 AM

Broker Forecast - Berenberg issues a broker note on Coats Group Plc

Berenberg today reaffirms its buy investment rating on Coats Group Plc (LON:COA) and cut its price target to 90p (from 100p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
01-Aug-2019 08:26 AM

Coats Group profits rise on improved margins

Coats Group reported a rise in profits on improved margins despite mixed conditions in underlying retail and industrial markets. For the six months ended 30 June 2019, pre-tax profits rose to $100.8.1m from $79.8m a year earlier as revenues fell 3% to
23-May-2019 08:59 AM

Coats Group sales slip as FX headwinds weigh

Coats Group said sales in the first-four months slipped as growth across both apparel and footwear and performance materials divisions was offset by foreign exchange headwinds. For the four months ended 30 April, sales fell 3% on reported basis amid FX
22-Mar-2019 10:20 AM

Broker Forecast - HSBC issues a broker note on Coats Group Plc

HSBC today reaffirms its reduce investment rating on Coats Group Plc (LON:COA) and cut its price target to 68p (from 70p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
04-Mar-2019 12:20 PM

Broker Forecast - Barclays Capital issues a broker note on Coats Group Plc

Barclays Capital today reaffirms its equal weight investment rating on Coats Group Plc (LON:COA) and cut its price target to 70p (from 75p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
01-Mar-2019 09:06 AM

Coats Group's profits slip as lower demand for zips dents apparel and footwear revenue

Coats Group's pre-tax profits slipped Friday as lower demand for zips dented apparel and footwear revenue. For the 12 months ended December 31, pre-tax profit fell to $122.8m from $129.5m a year earlier and revenue grew 4% to $1.41bn. Profits were
12-Feb-2019 01:10 PM

Broker Forecast - HSBC issues a broker note on Coats Group Plc

HSBC today initiates coverage of Coats Group Plc (LON:COA) with a reduce investment rating and price target of 70p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
18-Jan-2019 10:20 AM

Broker Forecast - Barclays Capital issues a broker note on Coats Group Plc

Barclays Capital today initiates coverage of Coats Group Plc (LON:COA) with a equal weight investment rating and price target of 75p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
20-Nov-2018 03:20 PM

Broker Forecast - RBC Capital Markets issues a broker note on Coats Group Plc

RBC Capital Markets today initiates coverage of Coats Group Plc (LON:COA) with a outperform investment rating and price target of 110p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
20-Nov-2018 09:04 AM

Coats sales fall modestly as weakness in crafts division, currency headwinds weigh

Thread manufacturer Coats said Tuesday reported sales fell modestly in the period from July through October as foreign exchange translation headwinds and weak performance in the crafts segment weighed. For period 1 July to 31 October 2018, group sales d
06-Sep-2018 12:30 PM

Broker Forecast - Berenberg issues a broker note on Coats Group Plc

Berenberg today reaffirms its buy investment rating on Coats Group Plc (LON:COA) and raised its price target to 110p (from 100p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-Aug-2018 08:30 AM

Broker Forecast - Citigroup issues a broker note on Coats Group Plc

Citigroup today initiates coverage of Coats Group Plc (LON:COA) with a buy investment rating and price target of 109p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
 
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