Cobham plc Given Consensus Rating of “Hold” by Brokerages (LON:COB)
Cobham plc (LON:COB) has received a consensus recommendation of “Hold” from the nineteen ratings firms that are covering the stock, American Banking News.com reports. Six analysts have rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 294.89 ($4.93).
A number of research firms have recently commented on COB. Analysts at Jefferies Group reiterated a “buy” rating on shares of Cobham plc in a research note on Friday. They now have a GBX 350 ($5.85) price target on the stock. Separately, 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. Finally, 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.
Shares of Cobham plc (LON:COB) opened at 299.30 on Tuesday. 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 299.1 and a 200-day moving average of GBX 303.. The company’s market cap is £3.243 billion.
The company also recently declared a dividend, which is scheduled for Friday, November 7th. Stockholders 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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