Cobham plc’s (LON:COB) “Equal weight” Rating Reaffirmed at Barclays PLC
Barclays PLC reissued their equal weight rating on shares of Cobham plc (LON:COB) in a research report report published on Friday. Barclays PLC currently has a GBX 135 ($1.76) price objective on the stock.
A number of other equities research analysts have also commented on COB. Liberum Capital reissued a hold rating and issued a GBX 140 ($1.82) price target (up from GBX 115 ($1.50)) on shares of Cobham plc in a research report on Thursday, August 3rd. Kepler Capital Markets reissued a hold rating and issued a GBX 117.50 ($1.53) price target on shares of Cobham plc in a research report on Thursday, July 27th. J P Morgan Chase & Co reissued a neutral rating and issued a GBX 130 ($1.69) price target on shares of Cobham plc in a research report on Monday, July 24th. Deutsche Bank AG reissued a hold rating and issued a GBX 113 ($1.47) price target on shares of Cobham plc in a research report on Thursday, June 15th. Finally, Citigroup Inc. raised their target price on Cobham plc from GBX 115 ($1.50) to GBX 143 ($1.86) and gave the company a neutral rating in a research report on Friday, May 5th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. The stock has an average rating of Hold and an average target price of GBX 130.88 ($1.70).
Cobham plc (COB) opened at 137.60 on Friday. The company has a 50 day moving average of GBX 133.47 and a 200 day moving average of GBX 125.26. The company’s market capitalization is GBX 2.33 billion. Cobham plc has a 1-year low of GBX 89.07 and a 1-year high of GBX 154.51.
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In other news, insider David Lockwood purchased 44,578 shares of the business’s stock in a transaction dated Thursday, June 1st. The stock was bought at an average price of GBX 334 ($4.35) per share, for a total transaction of £148,890.52 ($193,893.11). Also, insider David Mellors sold 67,376 shares of the stock in a transaction on Wednesday, June 28th. The stock was sold at an average price of GBX 134 ($1.75), for a total value of £90,283.84 ($117,572.39).
Cobham plc Company Profile
Cobham plc is a technology and services provider in commercial and defense and security markets. It operates in four segments. The Communications and Connectivity segment provides equipment and solutions to enable connectivity across a range of environments in aerospace, avionics, satellite and radio, wireless and mobile connectivity markets.
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