Cobham plc (COB) PT Raised to GBX 180
Cobham plc (LON:COB) had its target price raised by research analysts at Jefferies Group from GBX 175 ($2.19) to GBX 180 ($2.25) in a note issued to investors on Wednesday. The brokerage currently has a “buy” rating on the stock. Jefferies Group’s price objective would suggest a potential upside of 11.80% from the company’s current price.
Several other analysts have also recently commented on COB. Societe Generale restated a “hold” rating and issued a GBX 150 ($1.87) price target (down previously from GBX 176 ($2.20)) on shares of Cobham plc in a report on Friday, August 5th. BNP Paribas upgraded Cobham plc to a “neutral” rating and set a GBX 130 ($1.62) price target for the company in a report on Tuesday, October 25th. Barclays PLC reduced their price objective on Cobham plc from GBX 190 ($2.37) to GBX 183 ($2.29) and set an “overweight” rating on the stock in a research note on Friday, August 5th. Morgan Stanley reduced their price objective on Cobham plc from GBX 170 ($2.12) to GBX 160 ($2.00) and set an “equal weight” rating on the stock in a research note on Friday, October 28th. Finally, Canaccord Genuity reduced their price objective on Cobham plc from GBX 160 ($2.00) to GBX 145 ($1.81) and set a “hold” rating on the stock in a research note on Thursday, November 3rd. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of GBX 188.81 ($2.36).
Cobham plc (LON:COB) opened at 161.00 on Wednesday. The stock’s market capitalization is GBX 2.18 billion. The firm has a 50-day moving average of GBX 158.79 and a 200 day moving average of GBX 156.88. Cobham plc has a 52 week low of GBX 124.32 and a 52 week high of GBX 259.61.
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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