Cobham plc Receives “Sector Perform” Rating from RBC Capital (COB)
Cobham plc (LON:COB)‘s stock had its “sector perform” rating reaffirmed by equities researchers at RBC Capital in a research report issued on Friday. They currently have a GBX 310 ($5.22) target price on the stock. RBC Capital’s price objective would suggest a potential upside of 4.17% from the company’s current price.
A number of other firms have also recently commented on COB. Analysts at Deutsche Bank cut their price target on shares of Cobham plc from GBX 285 ($4.80) to GBX 275 ($4.63) in a research note on Friday. They now have a “hold” rating on the stock. Separately, analysts at Societe Generale reiterated a “sell” rating on shares of Cobham plc in a research note on Friday. They now have a GBX 270 ($4.54) price target on the stock. Finally, 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. Five investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have given a buy rating to the company. Cobham plc presently has a consensus rating of “Hold” and an average price target of GBX 295.76 ($4.98).
Shares of Cobham plc (LON:COB) opened at 290.00 on Friday. Cobham plc has a 52-week low of GBX 254.00 and a 52-week 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 £3.100 billion.
The company also recently announced a dividend, which is scheduled for Friday, November 7th. Shareholders of record on Thursday, October 9th will be paid a dividend of GBX 2.90 ($0.05) per share. This represents a dividend yield of 0.98%. The ex-dividend date is Thursday, October 9th.
Cobham plc is engaged in offering a range of technologies and services for commercial, defence and security markets.
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