Cobham plc (COB) Receives GBX 131.38 Average PT from Brokerages
Cobham plc (LON:COB) has earned an average rating of “Hold” from the thirteen research firms that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 131.38 ($1.73).
A number of research firms have weighed in on COB. Deutsche Bank AG raised their target price on shares of Cobham plc from GBX 113 ($1.49) to GBX 115 ($1.52) and gave the stock a “hold” rating in a research note on Friday, August 4th. J P Morgan Chase & Co raised their target price on shares of Cobham plc from GBX 130 ($1.72) to GBX 145 ($1.91) and gave the stock a “neutral” rating in a research note on Friday, August 4th. Liberum Capital reissued a “hold” rating and issued a GBX 140 ($1.85) target price on shares of Cobham plc in a research note on Tuesday, September 26th. Kepler Capital Markets reissued a “hold” rating and issued a GBX 117.50 ($1.55) target price on shares of Cobham plc in a research note on Thursday, July 27th. Finally, Barclays PLC reissued an “equal weight” rating and issued a GBX 135 ($1.78) target price on shares of Cobham plc in a research note on Tuesday, July 25th.
In other news, insider John McAdam purchased 5,000 shares of Cobham plc stock in a transaction dated Monday, October 9th. The shares were purchased at an average price of GBX 148 ($1.95) per share, with a total value of £7,400 ($9,765.11).
Cobham plc (LON:COB) traded down 0.71% during midday trading on Wednesday, hitting GBX 140.10. The company had a trading volume of 3,518,593 shares. The firm’s market capitalization is GBX 2.92 billion. Cobham plc has a 1-year low of GBX 89.07 and a 1-year high of GBX 153.03. The company has a 50 day moving average price of GBX 141.21 and a 200 day moving average price of GBX 135.68.
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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