Cobham (LON:COB) had its target price upped by JPMorgan Chase & Co. from GBX 135 ($1.75) to GBX 140 ($1.81) in a research note issued to investors on Monday. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Several other equities analysts have also weighed in on COB. Berenberg Bank restated a hold rating and set a GBX 134 ($1.73) price objective on shares of Cobham in a research report on Monday, July 2nd. Citigroup reduced their price objective on shares of Cobham from GBX 143 ($1.85) to GBX 135 ($1.75) and set a neutral rating for the company in a research report on Friday, June 15th. AlphaValue lowered shares of Cobham to an add rating in a research report on Thursday, May 31st. Morgan Stanley upgraded shares of Cobham to an overweight rating and raised their price objective for the company from GBX 115 ($1.49) to GBX 150 ($1.94) in a research report on Monday, June 18th. Finally, Deutsche Bank restated a sell rating and set a GBX 115 ($1.49) price objective on shares of Cobham in a research report on Monday. Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of GBX 129.20 ($1.67).

Cobham stock opened at GBX 128.50 ($1.66) on Monday. Cobham has a 52 week low of GBX 107.67 ($1.39) and a 52 week high of GBX 150.30 ($1.95).

In other news, insider Norton Schwartz bought 5,000 shares of the firm’s stock in a transaction on Friday, June 22nd. The stock was bought at an average cost of GBX 130 ($1.68) per share, for a total transaction of £6,500 ($8,414.24). Also, insider David Mellors sold 122,814 shares of the firm’s stock in a transaction dated Thursday, June 14th. The stock was sold at an average price of GBX 126 ($1.63), for a total transaction of £154,745.64 ($200,317.98). In the last 90 days, insiders have bought 5,166 shares of company stock valued at $669,989.

About Cobham

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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Analyst Recommendations for Cobham (LON:COB)

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