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Coats Group plc (LON:COA – Get Rating) declared a dividend on Thursday, March 2nd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 27th will be paid a dividend of $0.02 per share on Thursday, May 25th. This represents a yield of 1.94%. The ex-dividend date is Thursday, April 27th. This is a positive change from […] ....
Jefferies Financial Group restated their buy rating on shares of Coats Group (LON:COA – Get Rating) in a report released on Thursday, Marketbeat.com reports. They currently have a GBX 102 ($1.25) price objective on the stock. Separately, Berenberg Bank upped their target price on shares of Coats Group from GBX 90 ($1.11) to GBX 100 […] ....
Coats Group plc (LON:COA – Get Rating)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 66.08 ($0.87) and traded as high as GBX 78.02 ($1.03). Coats Group shares last traded at GBX 77 ($1.01), with a volume of 997,379 […] ....
19 May 2021 | 08:42am StockMarketWire.com - Thread manufacturer Coats said annual results would be slightly ahead of expectations after reporting revenue had increased by more than fifth in the fourth months through April. For the period 1 January 2021 to 30 April 2020, revenue rose 28% year-on-year, with apparel and footwear showing improved momentum and recovery and performance materials was up 14%. Pricing and productivity actions being successfully implemented to offset inflationary pressures, the company said. Whilst we remain vigilant around the ongoing Covid pandemic, given the improving end market sentiment, we anticipate that the recovery in our trading will continue and that our anticipated performance for the year will be slightly ahead of our previous expectations, it added. ....