Cobham’s “Hold” Rating Reaffirmed at Cantor Fitzgerald (COB)
Cobham (LON:COB)‘s stock had its “hold” rating reaffirmed by stock analysts at Cantor Fitzgerald in a report issued on Thursday, Analyst Ratings.Net reports. They currently have a GBX 280 ($4.49) price objective on the stock. Cantor Fitzgerald’s price target points to a potential upside of 2.56% from the stock’s previous close.
A number of other firms have also recently commented on COB. Analysts at AlphaValue reiterated a “reduce” rating on shares of Cobham in a research note to investors on Thursday, September 26th. They now have a GBX 302 ($4.85) price target on the stock. Separately, analysts at Liberum Capital downgraded shares of Cobham from a “buy” rating to a “hold” rating in a research note to investors on Monday, September 16th. They now have a GBX 320 ($5.13) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Cobham in a research note to investors on Thursday, September 12th. They now have a GBX 275 ($4.41) price target on the stock. Five investment analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the stock. Cobham currently has an average rating of “Hold” and a consensus target price of GBX 267.02 ($4.28).
Shares of Cobham (LON:COB) traded up 3.92% on Thursday, hitting GBX 283.70. 799,186 shares of the company’s stock traded hands. Cobham has a one year low of GBX 186.50 and a one year high of GBX 312.60. The stock’s 50-day moving average is GBX 292.9 and its 200-day moving average is GBX 269.. The company’s market cap is £3.031 billion.
Cobham plc operates in four segments: Cobham Aerospace and Security, which provides avionics and communication equipment, law enforcement and national security solutions, and satellite communication equipment for land, sea and air applications; Cobham Defence Systems, which provides technology for network centric and intelligence operations, moving information around the digital battlefield with solutions for people and systems to communicate on land, sea and air; Cobham Mission Systems, which provides safety and survival systems for extreme environments, nose-to-tail refuelling systems and wing-tip to wing-tip mission systems for fast jets, transport aircraft and rotor craft, and Cobham Aviation Services, which delivers outsourced aviation services for military and civil customers through military training, special mission flight operations, and aircraft engineering.
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