Brokerages Set Cobham plc (COB) Price Target at $129.00
Shares of Cobham plc (LON:COB) have been given an average rating of “Hold” by the twelve research firms that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 129 ($1.69).
COB has been the topic of several recent research reports. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 150 ($1.96) price objective on shares of Cobham in a report on Thursday, March 7th. Deutsche Bank raised Cobham to a “hold” rating in a report on Friday, March 8th. UBS Group reaffirmed a “buy” rating on shares of Cobham in a report on Friday, April 26th. Finally, Kepler Capital Markets raised Cobham to a “hold” rating and upped their price objective for the stock from GBX 117 ($1.53) to GBX 119 ($1.55) in a report on Tuesday, February 5th.
LON COB traded up GBX 0.15 ($0.00) during trading hours on Thursday, reaching GBX 115.10 ($1.50). The company’s stock had a trading volume of 1,206,317 shares, compared to its average volume of 9,760,000. The company has a current ratio of 1.33, a quick ratio of 0.93 and a debt-to-equity ratio of 33.28. Cobham has a 1 year low of GBX 96.38 ($1.26) and a 1 year high of GBX 134.05 ($1.75). The stock has a market cap of $2.74 billion and a PE ratio of 37.13.
Cobham plc provides a range of technologies and services to commercial, defense, aerospace, space, and security markets in the United Kingdom, the United States, other European countries, Australia, Asia, and internationally. The company operates in four segments: Communications and Connectivity, Mission Systems, Advanced Electronic Solutions, and Aviation Services.
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