Cobham plc (COB) Given Neutral Rating at Goldman Sachs Group Inc.
Cobham plc (LON:COB)‘s stock had its “neutral” rating reaffirmed by equities researchers at Goldman Sachs Group Inc. in a research report issued to clients and investors on Thursday. They currently have a GBX 174 ($2.16) price objective on the stock. Goldman Sachs Group Inc.’s price objective points to a potential upside of 5.90% from the company’s previous close.
A number of other research analysts have also weighed in on the stock. Jefferies Group raised their price target on shares of Cobham plc from GBX 175 ($2.17) to GBX 180 ($2.23) and gave the company a “buy” rating in a research report on Wednesday, November 23rd. JPMorgan Chase & Co. raised their price target on shares of Cobham plc from GBX 145 ($1.80) to GBX 150 ($1.86) and gave the company a “neutral” rating in a research report on Thursday, November 10th. Canaccord Genuity decreased their price objective on shares of Cobham plc from GBX 160 ($1.98) to GBX 145 ($1.80) and set a “hold” rating for the company in a report on Thursday, November 3rd. Morgan Stanley decreased their price objective on shares of Cobham plc from GBX 170 ($2.11) to GBX 160 ($1.98) and set an “equal weight” rating for the company in a report on Friday, October 28th. Finally, Barclays PLC decreased their price objective on shares of Cobham plc from GBX 183 ($2.27) to GBX 167 ($2.07) and set an “equal weight” rating for the company in a report on Tuesday, October 25th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 188.81 ($2.34).
Shares of Cobham plc (LON:COB) opened at 164.30 on Thursday. The company’s market cap is GBX 2.22 billion. The stock’s 50 day moving average is GBX 157.61 and its 200-day moving average is GBX 157.65. Cobham plc has a one year low of GBX 124.32 and a one year high of GBX 259.61.
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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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