Cobham (COB) Rating Increased to Hold at Kepler Capital Markets
Cobham (LON:COB) was upgraded by research analysts at Kepler Capital Markets to a “hold” rating in a report released on Tuesday. The firm presently has a GBX 119 ($1.55) price target on the stock, up from their previous price target of GBX 117 ($1.53). Kepler Capital Markets’ target price points to a potential upside of 5.45% from the stock’s current price.
Several other research analysts have also recently weighed in on the company. JPMorgan Chase & Co. lowered their target price on Cobham from GBX 130 ($1.70) to GBX 115 ($1.50) and set a “neutral” rating on the stock in a report on Thursday, January 10th. Goldman Sachs Group restated a “sell” rating on shares of Cobham in a report on Tuesday, January 8th. Deutsche Bank upgraded Cobham to a “hold” rating and boosted their target price for the stock from GBX 115 ($1.50) to GBX 120 ($1.57) in a report on Tuesday, December 4th. Berenberg Bank raised shares of Cobham to a “buy” rating and reduced their price target for the company from GBX 140 ($1.83) to GBX 124 ($1.62) in a research report on Thursday, November 29th. Finally, Barclays reduced their price target on shares of Cobham from GBX 135 ($1.76) to GBX 110 ($1.44) and set an “equal weight” rating on the stock in a research report on Monday, November 19th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. Cobham presently has a consensus rating of “Hold” and an average target price of GBX 124.10 ($1.62).
Shares of Cobham stock opened at GBX 112.85 ($1.47) on Tuesday. Cobham has a 1-year low of GBX 107.67 ($1.41) and a 1-year high of GBX 150.30 ($1.96).
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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