Cobham (LON:COB) had its target price reduced by equities research analysts at Liberum Capital from GBX 140 ($1.90) to GBX 130 ($1.76) in a research note issued on Friday. The firm currently has a “hold” rating on the stock. Liberum Capital’s price target would indicate a potential upside of 0.04% from the stock’s current price.

Other analysts have also issued reports about the stock. Barclays reaffirmed an “equal weight” rating and issued a GBX 135 ($1.83) price objective on shares of Cobham in a research note on Wednesday, December 20th. JPMorgan Chase & Co. lowered their price objective on shares of Cobham from GBX 135 ($1.83) to GBX 132 ($1.79) and set a “neutral” rating for the company in a research note on Friday, January 5th. Finally, Goldman Sachs Group reissued a “sell” rating on shares of Cobham in a research report on Monday, December 11th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 129.46 ($1.76).

Shares of Cobham (LON COB) opened at GBX 129.95 ($1.76) on Friday. Cobham has a one year low of GBX 89.07 ($1.21) and a one year high of GBX 150.30 ($2.04). The firm has a market cap of $3,110.00 and a PE ratio of -324.88.

In other news, insider Lyn Colloff sold 1,707 shares of the company’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of GBX 121 ($1.64), for a total transaction of £2,065.47 ($2,801.02).

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Cobham 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 (LON:COB)

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