RBC Capital Reaffirms Sector Perform Rating for Cobham plc (COB)
Cobham plc (LON:COB)‘s stock had its “sector perform” rating reissued by equities research analysts at RBC Capital in a research note issued to investors on Wednesday. They currently have a GBX 310 ($5.13) price objective on the stock. RBC Capital’s price target indicates a potential upside of 2.99% from the stock’s previous close.
A number of other analysts have also recently weighed in on COB. Analysts at Jefferies Group reiterated a “buy” rating on shares of Cobham plc in a research note on Friday, August 22nd. They now have a GBX 350 ($5.79) 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, August 22nd. They now have a GBX 260 ($4.30) 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 ($3.81) price target on the stock. Six analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of GBX 294.89 ($4.88).
Cobham plc (LON:COB) opened at 300.60 on Wednesday. Cobham plc has a 1-year low of GBX 254.00 and a 1-year high of GBX 329.20. The stock has a 50-day moving average of GBX 298.2 and a 200-day moving average of GBX 303.7. The company’s market cap is £3.257 billion.
The company also recently announced a dividend, which is scheduled for Friday, November 7th. Investors 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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