Share on StockTwits

Cobham plc (LON:COB)‘s stock had its “hold” rating restated by investment analysts at Cantor Fitzgerald Europe in a note issued to investors on Thursday. They currently have a GBX 320 ($5.38) price objective on the stock. Cantor Fitzgerald Europe‘s price objective would indicate a potential upside of 10.50% from the stock’s previous close.

Shares of Cobham plc (LON:COB) traded down 2.10% on Thursday, hitting GBX 289.50. 2,573,704 shares of the company’s stock traded hands. Cobham plc has a 1-year low of GBX 227.50 and a 1-year high of GBX 329.20. The stock has a 50-day moving average of GBX 304.3 and a 200-day moving average of GBX 302.9. The company’s market cap is £3.133 billion.

The company also recently declared a dividend, which is scheduled for Friday, November 7th. Investors of record on Thursday, October 9th will be given a dividend of GBX 2.90 ($0.05) per share. This represents a yield of 0.98%. The ex-dividend date of this dividend is Thursday, October 9th.

Several other analysts have also recently commented on the stock. Analysts at Westhouse Securities reiterated a “sell” rating on shares of Cobham plc in a research note on Thursday. They now have a GBX 230 ($3.87) price target on the stock. Separately, analysts at Natixis upgraded shares of Cobham plc to a “neutral” rating in a research note on Tuesday. They now have a GBX 300 ($5.05) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Cobham plc in a research note on Wednesday, July 30th. They now have a GBX 320 ($5.38) price target on the stock. Five research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 295.76 ($4.98).

Cobham plc is engaged in offering a range of technologies and services for commercial, defence and security markets.

To view Cantor Fitzgerald Europe’s full report, visit Cantor Fitzgerald Europe’s official website.

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.