Brokerages Set Cobham plc (COB) Target Price at $188.50
Cobham plc (LON:COB) has been assigned a consensus rating of “Hold” from the seventeen ratings firms that are currently covering the stock. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have assigned a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 188.50 ($2.36).
A number of equities research analysts recently commented on the stock. Barclays PLC dropped their price objective on shares of Cobham plc from GBX 183 ($2.29) to GBX 167 ($2.09) and set an “equal weight” rating on the stock in a report on Tuesday, October 25th. BNP Paribas upgraded shares of Cobham plc to a “neutral” rating and set a GBX 130 ($1.62) price objective on the stock in a report on Tuesday, October 25th. Societe Generale restated a “hold” rating and set a GBX 150 ($1.87) price objective (down from GBX 176 ($2.20)) on shares of Cobham plc in a report on Friday, August 5th. Deutsche Bank AG decreased their target price on shares of Cobham plc from GBX 154 ($1.92) to GBX 150 ($1.87) and set a “hold” rating for the company in a research report on Friday, August 5th. Finally, Canaccord Genuity reaffirmed a “hold” rating and issued a GBX 160 ($2.00) target price on shares of Cobham plc in a research report on Monday, August 8th.
Cobham plc (LON:COB) opened at 161.00 on Friday. Cobham plc has a 52-week low of GBX 124.32 and a 52-week high of GBX 259.61. The stock’s market capitalization is GBX 2.18 billion. The firm’s 50-day moving average is GBX 158.94 and its 200 day moving average is GBX 156.30.
About Cobham plc
Cobham plc is a United Kingdom-based company, which supplies equipment and solutions that enable connectivity for voice, data and video applications. The Company has four segments: Communications and Connectivity, Mission Systems, Advanced Electronic Solutions and Aviation Services. Its Communications and Connectivity sector provides aircraft and in-building communication equipment; satellite communication equipment for land, sea and air applications, and test and measurement instrumentation for radio frequency, cellular communications and wireless networking.
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