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Cohort’s MASS Secures £15.7 Million Countermeasures Contract

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Cohort’s MASS Secures £15.7 Million Countermeasures Contract

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The latest update is out from Cohort plc ( (GB:CHRT) ).

Cohort plc’s subsidiary, MASS, has secured a £15.7 million contract to provide airborne countermeasures and associated services to a UK defence prime contractor for an international client. This contract, alongside recent wins totaling £60 million, strengthens Cohort’s revenue visibility and underscores MASS’s leading position in the spectrum warfare sector.

The most recent analyst rating on (GB:CHRT) stock is a Buy with a £1557.00 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 Outperform.

Cohort plc’s strong financial performance and positive technical indicators are offset by a high valuation, leading to a moderate overall stock score. The company’s robust revenue growth and stable profitability are key strengths, though the high P/E ratio suggests potential overvaluation concerns.

To see Spark’s full report on GB:CHRT stock, click here.

More about Cohort plc

Cohort plc is an independent technology group operating in the defence and related markets, with a presence in the UK, Australia, Germany, and Portugal. The company is divided into two segments: Communications and Intelligence, and Sensors and Effectors, providing a wide range of services and products for domestic and export customers. Cohort’s subsidiaries include EID, EM Solutions, MASS, MCL, Chess Dynamics, ELAC SONAR, and SEA, each specializing in various defence technologies.

Average Trading Volume: 176,903

Technical Sentiment Signal: Buy

Current Market Cap: £636.1M

For an in-depth examination of CHRT stock, go to TipRanks’ Overview page.

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