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BlackRock Increases Stake in Coats Group PLC

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BlackRock Increases Stake in Coats Group PLC

Meet Your ETF AI Analyst

The latest update is out from Coats Group plc ( (GB:COA) ).

Coats Group PLC, a UK-based company, has announced a change in the voting rights held by BlackRock, Inc., a major shareholder. As of July 17, 2025, BlackRock’s total voting rights in Coats Group have increased to 5.33% from a previous 5.14%, indicating a slight shift in shareholder influence. This adjustment reflects BlackRock’s strategic positioning and could impact Coats Group’s governance and decision-making processes.

The most recent analyst rating on (GB:COA) stock is a Hold with a £0.80 price target. To see the full list of analyst forecasts on Coats Group plc stock, see the GB:COA Stock Forecast page.

Spark’s Take on GB:COA Stock

According to Spark, TipRanks’ AI Analyst, GB:COA is a Neutral.

Coats Group plc’s solid financial performance and strategic acquisitions are significant positives. However, technical analysis indicates current bearish trends, and high leverage remains a risk. The company’s valuation is reasonable, and recent corporate events boost its growth potential.

To see Spark’s full report on GB:COA stock, click here.

More about Coats Group plc

Average Trading Volume: 4,503,822

Technical Sentiment Signal: Sell

Current Market Cap: £1.16B

See more insights into COA stock on TipRanks’ Stock Analysis page.

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