Deutsche Bank keeps GBp 110.00 target for Coats Group stock
Published on 10/17/2026 at 22:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDeutsche Bank target stands above price
- Deutsche Bank analyst Kevin Fogarty set a GBp 110.00 target on September 10, 2026.
- Coats Group had a price-to-earnings ratio of 21.19 on October 16, 2026.
- Coats Group stock was last at GBp 85.40 on October 16, 2026, up 1.01 percent versus the prior close.
- Coats Group had a market capitalization of GBP 1.6 billion.
Deutsche Bank analyst Kevin Fogarty reiterated a Buy rating and set a GBp 110.00 target for Coats Group (ISIN GB00B4YZN328) on September 10, 2026, according to The Globe and Mail. The target is 28.81 percent above the latest London price of GBp 85.40. Coats Group stock was last at GBp 85.40 on October 16, 2026 at 4:35 p.m. London time, up 1.01 percent from the prior close.
Half-year growth held up
Coats reported USD 837 million of revenue for the first half of 2026, up 1.00 percent organically at constant exchange rates. EBIT reached USD 166 million, down 2.00 percent organically, while the group EBIT margin held at 19.80 percent. These figures came from the July 28, 2026 half-year call carried by Yahoo Finance.
The same call recorded USD 30 million of free cash flow before dividends and net debt of USD 842 million at the half-year point. Management also said leverage was 2.3 times and expected it to reach 2.0 times or below by the end of 2026. The numbers give the analyst target a clear operating backdrop, but the lower EBIT figure keeps the margin and cash conversion relevant for valuation.
Price position and range
The London price stood 13.39 percent below the 52-week high of GBp 98.60 and 46.57 percent above the 52-week low of GBp 58.25 on October 16, 2026. Trading volume was 2,031,827 shares against an average of 2,971,366 shares. Coats Group operates in industrial textiles and manufacturing, with products spanning threads, zips, technical yarns and performance materials.
Valuation at 21.19 times earnings
Coats Group had a market capitalization of GBP 1.6 billion and a price-to-earnings ratio of 21.19 on October 16, 2026. A separate October 17, 2026 market article placed the ratio at 19.00 times and described a five-year share-price gain of 46.80 percent, according to Yahoo Finance. The different valuation readings reflect different measurement dates and definitions, so the 21.19 figure remains the matching market-data reference for October 16.
Comparison with peers
Coats Group: plus 1.01 percent, P/E 21.19, market capitalization GBP 1.6 billion
Avery Dennison (NYSE, USD): minus 0.32 percent, P/E 19.20, market capitalization USD 13.3 billion
H.B. Fuller (NYSE, USD): minus 0.48 percent, P/E 14.30, market capitalization USD 2.8 billion
Target and operating balance
For investors, the central contrast is the GBp 110.00 analyst target against a GBp 85.40 London price, while first-half revenue growth remained positive and EBIT declined 2.00 percent organically. The next valuation signal is therefore tied to whether cash generation and margin investment support the operating improvement described in the July 28, 2026 call. The latest available price was GBp 85.40 on October 16, 2026 at 4:35 p.m. London time.
Coats Group market data
- Company: Coats Group plc
- ISIN: GB00B4YZN328
- Ticker: COA
- Primary exchange: London Stock Exchange
- Price on London Stock Exchange (as of October 16, 2026 at 4:35 p.m. London time): GBp 85.40
- Change versus the prior close: plus 1.01 percent
- Market capitalization: GBP 1.6 billion (as of October 16, 2026)
- 52-week range: GBp 58.25-98.60 (as of October 16, 2026)
- Sector / Industry: Industrials / Manufacturing - Textiles
Market context: Market report FTSE 100.
