Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Coats Group plc ( (GB:COA) ) has shared an announcement.
Coats Group PLC, a UK-based company, has announced a change in the breakdown of its voting rights, with BlackRock, Inc. now holding below 5% of the voting rights. This update, effective from July 21, 2025, reflects a decrease from a previous position of 5.33%. The change in voting rights could impact the company’s shareholder dynamics and influence its 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 shows solid financial performance with strong revenue growth and operating margins. However, high leverage and bearish technical indicators present potential risks. Valuation is reasonable, supported by a decent dividend yield. Recent strategic acquisitions suggest positive long-term growth potential.
To see Spark’s full report on GB:COA stock, click here.
More about Coats Group plc
Average Trading Volume: 5,380,232
Technical Sentiment Signal: Sell
Current Market Cap: £1.42B
Learn more about COA stock on TipRanks’ Stock Analysis page.