Coats Group price target raised to 125 GBp from 111 GBp at Jefferies

Jefferies raised the firm’s price target on Coats Group (CGGGF) to 125 GBp from 111 GBp and keeps a Buy rating on the shares following Coats’ in line FY25 earnings results. The firm said it was most impressed by the company’s “50% growth in organic adjacencies during FY25” which it believes “is providing a useful underpin to the group’s greater than5% organic revenue growth target.”