Cobham plc Stock Rating Reaffirmed by Jefferies Group (COB)
Cobham plc (LON:COB)‘s stock had its “buy” rating restated by equities researchers at Jefferies Group in a research report issued on Monday, AnalystRatings.Net reports. They currently have a GBX 290 ($4.88) target price on the stock. Jefferies Group’s price objective indicates a potential downside of 3.91% from the company’s current price.
Cobham plc (LON:COB) opened at 303.80 on Monday. Cobham plc has a 52 week low of GBX 254.00 and a 52 week high of GBX 313.60. The stock has a 50-day moving average of GBX 300.5 and a 200-day moving average of GBX 287.. The company’s market cap is £3.248 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Cobham plc in a research note on Friday. They now have a GBX 330 ($5.56) price target on the stock. Finally, analysts at Canaccord Genuity initiated coverage on shares of Cobham plc in a research note on Monday, April 28th. They set a “hold” rating and a GBX 285 ($4.80) price target on the stock. Five investment analysts have rated the stock with a sell rating, eleven have given a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 285.47 ($4.81).
Cobham plc is engaged in offering a range of technologies and services for commercial, defence and security markets.
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