Cobham plc (LON:COB) had its price target boosted by Deutsche Bank AG from GBX 115 ($1.49) to GBX 120 ($1.55) in a research report sent to investors on Thursday. They currently have a hold rating on the stock.

Several other brokerages have also issued reports on COB. Citigroup Inc. raised their target price on Cobham plc from GBX 115 ($1.49) to GBX 143 ($1.85) and gave the stock a neutral rating in a research report on Friday, May 5th. Goldman Sachs Group, Inc. (The) reaffirmed a sell rating and set a GBX 110 ($1.42) target price (up from GBX 76.47 ($0.99)) on shares of Cobham plc in a research report on Tuesday, May 9th. J P Morgan Chase & Co lowered their target price on Cobham plc from GBX 135 ($1.75) to GBX 130 ($1.68) and set a neutral rating for the company in a research report on Wednesday, July 5th. Barclays PLC reaffirmed an equal weight rating and set a GBX 135 ($1.75) target price on shares of Cobham plc in a research report on Tuesday, July 25th. Finally, Kepler Capital Markets reaffirmed a hold rating and set a GBX 117.50 ($1.52) target price on shares of Cobham plc in a research report on Thursday, July 27th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the stock. Cobham plc has an average rating of Hold and an average target price of GBX 131.27 ($1.70).

Cobham plc (COB) traded up 0.51% during midday trading on Thursday, hitting GBX 138.00. The stock had a trading volume of 2,981,392 shares. The company’s 50-day moving average price is GBX 134.87 and its 200 day moving average price is GBX 127.00. Cobham plc has a 52 week low of GBX 89.07 and a 52 week high of GBX 154.51. The company’s market capitalization is GBX 2.88 billion.

ILLEGAL ACTIVITY WARNING: “Cobham plc (COB) Price Target Increased to GBX 120 by Analysts at Deutsche Bank AG” was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S. & international copyright legislation. The original version of this news story can be accessed at https://www.thecerbatgem.com/2017/09/01/cobham-plc-cob-price-target-increased-to-gbx-120-by-analysts-at-deutsche-bank-ag.html.

In other Cobham plc news, insider David Mellors sold 67,376 shares of Cobham plc stock in a transaction dated Wednesday, June 28th. The stock was sold at an average price of GBX 134 ($1.73), for a total transaction of £90,283.84 ($116,766.48).

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.

Analyst Recommendations for Cobham plc (LON:COB)

Receive News & Stock Ratings for Cobham plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cobham plc and related stocks with our FREE daily email newsletter.