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Cohort plc ( (GB:CHRT) ) just unveiled an update.
Cohort’s Portuguese subsidiary EID has secured a €42.3m contract to supply Integrated Communication Systems and networks for the Portuguese Navy’s new fleet, including supply and offshore patrol vessels, with deliveries running through 2029. The award reinforces EID’s role as a trusted maritime communications provider and deepens Cohort’s ties with the Portuguese Navy.
Management said the deal, alongside a recent satellite communications win by EM Solutions, strengthens the Group’s position in supporting Portugal’s naval modernisation and aligns with evolving operational requirements. The contract meaningfully underpins Cohort’s order book and improves visibility on future revenues, offering greater assurance for stakeholders over the medium term.
The most recent analyst rating on (GB:CHRT) stock is a Buy with a £1387.00 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 CHRT Stock
According to Spark, TipRanks’ AI Analyst, CHRT is a Outperform.
The score is driven primarily by strong financial performance (high revenue growth and a solid, conservatively leveraged balance sheet). Technicals are supportive due to trend strength and positive MACD, but overextended RSI/Stoch readings add near-term risk. Valuation is a drag given the higher P/E and modest dividend yield.
To see Spark’s full report on CHRT stock, click here.
More about Cohort plc
Cohort plc is an independent defence technology group headquartered in Reading, UK, operating seven businesses across the UK, Australia, Germany, Portugal, Canada, Italy and the Netherlands. Listed on London’s AIM, it focuses on communications, intelligence, sensors and effectors, supplying advanced systems and services to domestic and export defence and security markets, including naval, military and government customers.
Average Trading Volume: 259,326
Technical Sentiment Signal: Buy
Current Market Cap: £569.1M
For an in-depth examination of CHRT stock, go to TipRanks’ Overview page.