Cobham plc’s Sell Rating Reaffirmed at Societe Generale (COB)
Cobham plc (LON:COB)‘s stock had its “sell” rating restated by Societe Generale in a research note issued on Thursday. They currently have a GBX 270 ($4.54) target price on the stock. Societe Generale’s price objective would indicate a potential downside of 14.01% from the stock’s previous close.
Shares of Cobham plc (LON:COB) opened at 314.10 on Thursday. Cobham plc has a 52-week low of GBX 254.00 and a 52-week high of GBX 324.70. The stock’s 50-day moving average is GBX 302.7 and its 200-day moving average is GBX 289.. The company’s market cap is £3.357 billion.
COB has been the subject of a number of other recent research reports. Analysts at Investec upgraded shares of Cobham plc to a “reduce” rating in a research note on Friday, May 23rd. They now have a GBX 300 ($5.05) price target on the stock, up previously from GBX 285 ($4.80). Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Cobham plc in a research note on Tuesday, May 20th. They now have a GBX 290 ($4.88) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Cobham plc in a research note on Monday, May 12th. They now have a GBX 290 ($4.88) price target on the stock. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 288.41 ($4.85).
Cobham plc is engaged in offering a range of technologies and services for commercial, defence and security markets.
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