Cobham plc Stock Rating Reaffirmed by Westhouse Securities (COB)
Cobham plc (LON:COB)‘s stock had its “sell” rating restated by Westhouse Securities in a research note issued on Friday. They currently have a GBX 230 ($3.86) price target on the stock. Westhouse Securities’ price objective suggests a potential downside of 21.39% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “equal weight” rating on shares of Cobham plc in a research note on Monday. They now have a GBX 300 ($5.03) 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 Friday, August 8th. They now have a GBX 310 ($5.20) price target on the stock. Finally, analysts at Deutsche Bank cut their price target on shares of Cobham plc from GBX 285 ($4.78) to GBX 275 ($4.61) in a research note on Friday, August 8th. They now have a “hold” rating on the stock. Five 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’s stock. The company currently has an average rating of “Hold” and an average target price of GBX 295.68 ($4.96).
Shares of Cobham plc (LON:COB) traded up 0.72% on Friday, hitting GBX 294.50. 838,865 shares of the company’s stock traded hands. Cobham plc has a 52-week low of GBX 254.00 and a 52-week high of GBX 329.20. The stock’s 50-day moving average is GBX 301.6 and its 200-day moving average is GBX 303.3. The company’s market cap is £3.191 billion.
The company also recently declared a dividend, which is scheduled for Friday, November 7th. Shareholders 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.
Cobham plc is engaged in offering a range of technologies and services for commercial, defence and security markets.
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