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Cohort plc ( (GB:CHRT) ) has issued an update.
Cohort plc announced changes in director shareholdings following the vesting of the Executive Long Term Incentive Plan 2021 share awards. The vested shares were transferred to executive directors at no cost, with a portion sold to cover tax and National Insurance liabilities. The remaining shares are subject to a two-year holding period. The vesting was based on performance conditions related to organic and total growth targets, which were exceeded. This announcement highlights Cohort’s strong performance and commitment to rewarding its executives, potentially impacting its market positioning positively.
The most recent analyst rating on (GB:CHRT) stock is a Hold with a £1335.00 price target. To see the full list of analyst forecasts on Cohort plc stock, see the GB:CHRT Stock Forecast page.
Spark’s Take on GB:CHRT Stock
According to Spark, TipRanks’ AI Analyst, GB:CHRT is a Neutral.
Cohort plc’s strong financial performance is a key strength, supported by robust revenue growth and a solid balance sheet. However, technical indicators suggest bearish momentum, and the stock appears overvalued with a high P/E ratio and modest dividend yield. These factors contribute to a moderate overall stock score.
To see Spark’s full report on GB:CHRT stock, click here.
More about Cohort plc
Cohort plc is a parent company of seven innovative businesses based in the UK, Australia, Germany, and Portugal, providing a wide range of services and products for domestic and export customers in defense and related markets. The company is split into two segments: Communications and Intelligence, and Sensors and Effectors, with products and services ranging from advanced communications systems to satellite communications and electronic warfare solutions.
Average Trading Volume: 164,602
Technical Sentiment Signal: Buy
Current Market Cap: £564.4M
For detailed information about CHRT stock, go to TipRanks’ Stock Analysis page.