Coats Group plc is a United Kingdom-based company, which is engaged in the manufacture and sale of thread, yarns and textile machinery. The Company’s segments are Industrial and Consumer. Its industrial products include sewing threads for the apparel sector, automotive upholstery fabrics, canopies and tarpaulins, coated fabrics for outdoor furniture and awnings, hoses and cords.
Its consumer products include craft yarns sold under the Patons, Cygnet Yarns & Crafts brands; knitting yarns sold under the Robin brand through its subsidiary Peter Pan; hand knitting yarns sold under the Sirdar brand; home furnishings trimmings sold under Coats Trimmings & Haberdashery brand name; tapestry wool sold under Anchor Tapestry Wool brand name through its subsidiary DMC Worldwide Limited (DMC), among others. It operates in approximately 170 countries across six continents with over 50 manufacturing sites serving approximately 4,000 customers.
It’s no secret that the cold weather can take a toll on our wallets. With heating bills soaring and the extra costs associated with winter weather, it’s important to save where we can. One way to do this is by investing in a good coat.
A quality coat will last you for years, which means you won’t have to keep buying new ones every season. And when the temperatures drop, you’ll be glad you invested in a warm coat to keep you comfortable. But what kind of coat should you buy?
And how much should you spend?
There are all sorts of coats on the market these days, from simple wool coats to more technical jackets with built-in insulation. The type of coat you choose should depend on your needs and budget.
If you live in a climate that doesn’t see too much snow or freezing temperatures, a wool coat will probably suffice. But if you need something warmer, look for coats with down filling or synthetic insulation. Down is typically more expensive than synthetic insulation, but it’s also lighter and more compressible, making it ideal for packing into a suitcase or backpack.
As for price, there is no hard and fast rule. You can find affordable coats at any number of retailers, from department stores to outdoor gear shops. But remember that a quality coat is an investment piece that will last for years, so don’t be afraid to spend a little extra to get something well-made.
Coats Share Price Forecast
In the current market conditions, it is difficult to make an accurate prediction for the future of any company’s share price. However, analysts have made their best guesses for Coats Group plc’s (COA.L) share price in the coming year.
The average forecast from eight analysts covering Coats is that the shares will trade at 190 pence in twelve months time, compared to the current price of 168p.
This would imply a potential upside of 13% from the current level.
Of course, this is just an average forecast and individual predictions range from as low as 140p to as high as 220p. So there is still some uncertainty about where exactly Coats’ share price will be in a year’s time.
Investors should also be aware that although the overall outlook for Coats looks positive, there are some risks to consider before investing. These include Brexit uncertainties, competition from cheaper rivals and possible problems with raw materials supply.
Overall though, analysts believe that Coats Group is well-positioned to weather these challenges and emerge even stronger in the long term.
So if you’re looking for a relatively safe investment with good potential returns, Coats could be worth considering.
Credit: www.coats.com
What is the Coats Share Price
The Coats share price is currently $3.21. This is down from the 52 week high of $4.48, but up from the 52 week low of $2.68. Coats is a leading industrial thread manufacturer with a strong presence in Europe and Asia.
The company has been struggling in recent years due to increased competition and declining demand for its products. However, Coats has taken steps to improve its financial performance, including divestitures of non-core businesses and cost-cutting measures. Despite these efforts, the company remains highly leveraged and faces significant headwinds going forward.
How Has the Coats Share Price Performed Over Time
The Coats share price has been on a steady decline over the past few years. This is largely due to the company’s declining profitability and high debt levels. In recent years, Coats has struggled to compete with cheaper rivals, as well as with newer and more innovative companies.
As a result, its share price has suffered accordingly.
Why Might the Coats Share Price Rise Or Fall in the Future
It is important to remember that share prices can be volatile and are affected by a number of factors. As such, it is difficult to predict exactly how the Coats share price will move in the future. However, there are a few potential reasons why the Coats share price may rise or fall.
One reason the Coats share price could rise is if the company experiences strong financial growth. This could be due to increasing sales, expanding into new markets, or launching new products. If investors believe that Coats is doing well and has a bright future, they may be willing to pay more for its shares.
On the other hand, there are also several reasons why the Coats share price could fall. For example, if the company encounters financial difficulties or faces competition from other businesses, its shares may become less valuable. Additionally, global economic conditions can also impact the Coats share price; if there is a recession or market crash, for instance, shareholders may sell their stock at a lower price in order to avoid losses.
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Conclusion
Coats Group plc is a global industrial thread manufacturer. The company operates in three segments: Engineered Yarns, Sewing Threads, and Non-Woven Materials. It serves the apparel, footwear, and upholstery markets.
