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Coats Group plc ( (GB:COA) ) has provided an announcement.
Coats Group plc announced key changes in its leadership team, with Srinivas Phatak being appointed as Chief Financial Officer and Executive Director of Unilever PLC, and Hannah Nichols joining the Coats Sustainability Committee. These changes reflect Coats’ ongoing commitment to sustainability and strategic leadership, potentially impacting its industry positioning and stakeholder engagement.
The most recent analyst rating on (GB:COA) stock is a Buy with a £130.00 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 Outperform.
Coats Group plc’s overall stock score is driven by solid financial performance and stable technical indicators. The company’s high leverage and moderate valuation suggest a balanced risk-reward profile. While the stock shows positive momentum, managing debt levels and improving profitability are key areas for future growth.
To see Spark’s full report on GB:COA stock, click here.
More about Coats Group plc
Coats Group plc is a global leader in the manufacturing of threads and structural components for apparel and footwear, as well as a pioneer in performance materials. Headquartered in the UK, Coats is a FTSE250 company with a rich heritage spanning over 250 years. The company operates in approximately 50 countries with a workforce of over 16,000, providing innovative and sustainable solutions across various industries including apparel, footwear, automotive, telecoms, and personal protection. Coats is committed to sustainability, diversity, and innovation, participating in the UN Global Compact and aiming for Net Zero by 2050.
Average Trading Volume: 7,545,309
Technical Sentiment Signal: Buy
Current Market Cap: £1.57B
See more insights into COA stock on TipRanks’ Stock Analysis page.