Cobham plc Given Hold Rating at Canaccord Genuity (COB)
Cobham plc (LON:COB)‘s stock had its “hold” rating restated by investment analysts at Canaccord Genuity in a note issued to investors on Wednesday. They currently have a GBX 320 ($5.43) price objective on the stock. Canaccord Genuity’s price target indicates a potential upside of 7.71% from the stock’s previous close.
A number of other firms have also recently commented on COB. Analysts at Westhouse Securities reiterated a “sell” rating on shares of Cobham plc in a research note on Wednesday. They now have a GBX 230 ($3.91) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Cobham plc in a research note on Tuesday. They now have a GBX 330 ($5.60) price target on the stock. Finally, analysts at Investec reiterated a “reduce” rating on shares of Cobham plc in a research note on Wednesday, July 23rd. They now have a GBX 310 ($5.26) price target on the stock. Six 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 294.33 ($5.00).
Shares of Cobham plc (LON:COB) traded up 0.10% on Wednesday, hitting GBX 295.00. The stock had a trading volume of 2,014,738 shares. Cobham plc has a 1-year low of GBX 254.00 and a 1-year high of GBX 329.20. The stock’s 50-day moving average is GBX 310.5 and its 200-day moving average is GBX 303.2. The company’s market cap is £3.153 billion.
Cobham plc is engaged in offering a range of technologies and services for commercial, defence and security markets.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.