Coats Group Appoints Wu Gang as Non-Executive Director

Coats Group plc ( (GB:COA) ) just unveiled an announcement.

Coats Group plc has announced the appointment of Wu Gang as a Non-Executive Director, effective 1 July 2025. Wu Gang brings nearly 30 years of investment banking experience across Asia and Europe, having held significant roles at CITIC CLSA, ICBC International, Merrill Lynch, HSBC, and Goldman Sachs. His expertise in strategic and financial advisory is expected to strengthen Coats’ Board, enhancing its strategic direction and international reach.

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 Outperform.

Coats Group plc garners a strong overall score driven by solid financial performance and strategic corporate events, particularly insider share purchases indicating confidence. The company faces challenges with high leverage and cash flow pressures but maintains stable technical indicators and fair valuation.

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 industrial threads and footwear components, as well as a pioneer in performance materials. The company provides innovative and sustainable solutions across various industries, including apparel, footwear, automotive, telecoms, and personal protection. With a history spanning over 250 years, Coats operates in about 50 countries and employs more than 16,000 people worldwide. It is committed to sustainability and innovation, aiming for net-zero emissions by 2050.

Average Trading Volume: 4,470,334

Technical Sentiment Signal: Hold

Current Market Cap: £1.23B

Find detailed analytics on COA stock on TipRanks’ Stock Analysis page.