Coats Group stock gained 1.17 percent on September 28, 2026

Coats Group stock gained 1.17 percent to GBp 82.10 on September 28, 2026, at 4:36 p.m. London time. The move came as the industrial thread and footwear components maker updated its board structure and investors assessed a recent Deutsche Bank target.

Board changes set a dated checkpoint

Investing.com reported on September 28, 2026, that Non-Executive Director Srinivas Phatak will leave the board on December 31, 2026. Wu Gang is due to join the Audit and Risk Committee on January 1, 2027, while Group CEO David Paja has taken over as chair of the Sustainability Committee.

The changes are governance events rather than operating guidance, but they give the stock a concrete calendar point. Coats Group is also a FTSE 250 constituent, according to the same company-news report, which identifies the business as a manufacturer of industrial threads and footwear components.

Deutsche Bank target stays above market

Globe and Mail reported on September 10, 2026, that Deutsche Bank reiterated a Buy rating and set a GBp 110.00 price target. That target stood 33.98 percent above the GBp 82.10 market price, making the analyst view a clear comparison point for investors.

The same report cited a consensus target of GBp 120.25. Its figures place the Deutsche Bank target 10.25 pence below consensus, while the current share price remains below both reference levels.

Price remains below yearly high

Coats Group stock traded within a 52-week range of GBp 58.25 to GBp 98.60 on September 28, 2026. At GBp 82.10, the shares were 16.73 percent below the yearly high and 41.03 percent above the yearly low.

Trading volume reached 2,087,765 shares on the same session. For historical operating context, Reuters lists fiscal year 2025 revenue of GBP 1,464.9 million and net income of GBP 103.4 million for Coats Group.