Coats Group stock holds steady as analysts lift targets
Published on 08/21/2026 at 12:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Coats Group stock is steady on August 21, 2026, with the latest analyst call pointing to p125.00 and a Strong Buy consensus at p120.25. The quarter ending June 30 delivered p830.04 million in revenue and p60.9 million in net profit, both up from the prior year.
Analyst targets stay firm
A Buy rating was maintained by TipRanks report on RBC Capital view, while the latest consensus still centers on p120.25. That leaves the new p125.00 target only 4 percent above the consensus figure, a narrow spread that suggests the stock is already trading close to current expectations.
Quarterly numbers improved
The quarter ending June 30 brought p830.04 million in revenue versus p705.4 million a year earlier, a gain of p124.64 million or 17.7 percent. Net profit edged up to p60.9 million from p59.3 million, showing that sales growth is still reaching the bottom line.
Cash returns and profitability remain central to the company story, with the latest earnings coverage saying margins improved and free cash flow stayed solid in the most recently reported period. For investors, the important point is that Coats Group is pairing higher revenue with modest profit growth rather than relying on one-off gains.
Industrial thread remains core
Coats Group's industrial thread business still anchors the wider portfolio, serving apparel, footwear and specialty applications across a global customer base. The product mix matters because higher-value materials and performance products help support margin progress when volume growth is only moderate.
London shares close the gap
Coats Group trades on the London Stock Exchange. The latest market snapshot puts the shares at a mid-cap valuation zone, with the current price context framed by the latest completed session on August 20, 2026.
Company details
Company: Coats Group plc
ISIN: GB0002335270
Ticker: COA
Exchange: London Stock Exchange
Sector / Industry: Industrial manufacturing / specialty materials
Index membership: FTSE 250
