Cobham plc Stock Rating Reaffirmed by RBC Capital (COB)
Cobham plc (LON:COB)‘s stock had its “sector perform” rating reaffirmed by stock analysts at RBC Capital in a report issued on Wednesday, Stock Ratings News reports. They currently have a GBX 330 ($5.52) price objective on the stock. RBC Capital’s target price would indicate a potential upside of 16.20% from the stock’s previous close.
Cobham plc (LON:COB) opened at 286.80 on Wednesday. Cobham plc has a 52-week low of GBX 231.80 and a 52-week high of GBX 312.60. The stock’s 50-day moving average is GBX 299. and its 200-day moving average is GBX 284.6. The company’s market cap is £3.066 billion.
The company also recently announced a dividend, which is scheduled for Friday, May 30th. Stockholders of record on Wednesday, April 30th will be paid a dividend of GBX 7.04 ($0.12) per share. This represents a dividend yield of 2.3%. The ex-dividend date is Wednesday, April 30th.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Cobham plc in a research note on Wednesday. They now have a GBX 305 ($5.10) price target on the stock. Separately, analysts at Barclays upgraded shares of Cobham plc to an “equal weight” rating in a research note on Wednesday, March 26th. They now have a GBX 315 ($5.27) price target on the stock. Finally, analysts at Liberum Capital cut their price target on shares of Cobham plc from GBX 305 ($5.10) to GBX 300 ($5.02) in a research note on Thursday, March 20th. They now have a “buy” rating on the stock. Six research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 285.87 ($4.78).
Cobham plc is engaged in offering a range of technologies and services for commercial, defence and security markets.
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