Cobham plc (COB) Declares Dividend of GBX 2.90
Cobham plc (LON:COB) declared a dividend on Thursday, August 7th, Stock Ratings News reports. Shareholders of record on Thursday, October 9th will be given a dividend of GBX 2.90 ($0.05) per share on Friday, November 7th. This represents a yield of 0.98%. The ex-dividend date of this dividend is Thursday, October 9th. The official announcement can be accessed at this link.
COB has been the subject of a number of recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of Cobham plc in a research note on Thursday. They now have a GBX 350 ($5.89) price target on the stock. On a related note, analysts at Investec reiterated a “reduce” rating on shares of Cobham plc in a research note on Thursday. Finally, analysts at Cantor Fitzgerald Europe reiterated a “hold” rating on shares of Cobham plc in a research note on Thursday. They now have a GBX 320 ($5.38) price target on the stock. Five equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of GBX 297.53 ($5.01).
Shares of Cobham plc (LON:COB) traded up 2.14% during mid-day trading on Thursday, hitting GBX 293.1521. The stock had a trading volume of 3,027,629 shares. Cobham plc has a one year low of GBX 254.00 and a one year high of GBX 329.20. The stock has a 50-day moving average of GBX 305.1 and a 200-day moving average of GBX 303.0. The company’s market cap is £3.133 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.