Cobham plc (COB) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of Cobham plc (LON:COB) have received a consensus recommendation of “Hold” from the thirteen brokerages that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 131.38 ($1.77).
A number of equities analysts have weighed in on the company. Liberum Capital reissued a “hold” rating and issued a GBX 140 ($1.88) target price on shares of Cobham plc in a research report on Tuesday. Deutsche Bank AG boosted their target price on Cobham plc from GBX 115 ($1.55) to GBX 120 ($1.61) and gave the stock a “hold” rating in a research report on Thursday, August 31st. J P Morgan Chase & Co upped their price target on shares of Cobham plc from GBX 130 ($1.75) to GBX 145 ($1.95) and gave the company a “neutral” rating in a research report on Friday, August 4th. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 135 ($1.82) price target on shares of Cobham plc in a research report on Friday, August 4th. Finally, Kepler Capital Markets reaffirmed a “hold” rating and set a GBX 117.50 ($1.58) price target on shares of Cobham plc in a research report on Thursday, July 27th.
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Cobham plc (LON:COB) traded up 1.28% during trading on Friday, reaching GBX 142.80. 3,628,390 shares of the company traded hands. The company’s 50-day moving average price is GBX 137.16 and its 200 day moving average price is GBX 130.67. The firm’s market capitalization is GBX 2.98 billion. Cobham plc has a 52 week low of GBX 89.07 and a 52 week high of GBX 154.51.
About Cobham plc
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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