Cobham plc Given “Sell” Rating at Westhouse Securities (COB)
Cobham plc (LON:COB)‘s stock had its “sell” rating reiterated by analysts at Westhouse Securities in a research report issued to clients and investors on Monday. They currently have a GBX 230 ($3.82) price objective on the stock. Westhouse Securities’ price objective points to a potential downside of 22.58% from the company’s current price.
Cobham plc (LON:COB) opened at 302.40 on Monday. 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 297.4 and its 200-day moving average is GBX 303.6. The company’s market cap is £3.277 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.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Cobham plc in a research note on Wednesday, August 27th. They now have a GBX 310 ($5.14) price target on the stock. Separately, 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 ($5.81) price target on the stock. Finally, 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 ($4.31) price target on the stock. Six equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 294.83 ($4.89).
Cobham plc is engaged in offering a range of technologies and services for commercial, defence and security markets.