Cobham plc’s Buy Rating Reaffirmed at Jefferies Group (COB)
Cobham plc (LON:COB)‘s stock had its “buy” rating restated by investment analysts at Jefferies Group in a note issued to investors on Friday. They currently have a GBX 350 ($5.85) price target on the stock. Jefferies Group’s target price suggests a potential upside of 16.36% from the company’s current price.
Cobham plc (LON:COB) opened at 298.40 on Friday. Cobham plc has a one year low of GBX 254.00 and a one year high of GBX 329.20. The stock’s 50-day moving average is GBX 299.6 and its 200-day moving average is GBX 303.. The company’s market cap is £3.233 billion.
The company also recently announced a dividend, which is scheduled for Friday, November 7th. Stockholders 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.
A number of other analysts have also recently weighed in on COB. Analysts at Espirito Santo Investment Bank Research reiterated a “sell” rating on shares of Cobham plc in a research note on Friday. They now have a GBX 260 ($4.35) price target on the stock. Separately, analysts at Westhouse Securities reiterated a “sell” rating on shares of Cobham plc in a research note on Friday, August 15th. They now have a GBX 230 ($3.84) price target on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Cobham plc in a research note on Monday, August 11th. They now have a GBX 300 ($5.02) price target on the stock. Six investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 294.89 ($4.93).
Cobham plc is engaged in offering a range of technologies and services for commercial, defence and security markets.
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