Liberum Capital Reiterates Buy Rating for Cobham plc (COB)
Cobham plc (LON:COB)‘s stock had its “buy” rating restated by stock analysts at Liberum Capital in a report issued on Thursday. They currently have a GBX 330 ($5.48) target price on the stock. Liberum Capital’s price target suggests a potential upside of 10.04% from the company’s current price.
Cobham plc (LON:COB) traded up 0.93% on Thursday, hitting GBX 302.70. The stock had a trading volume of 735,217 shares. 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 297.1 and its 200-day moving average is GBX 303.6. The company’s market cap is £3.280 billion.
The company also recently declared a dividend, which is scheduled for Friday, November 7th. Investors 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.
A number of other firms have also recently commented on COB. Analysts at Westhouse Securities reiterated a “sell” rating on shares of Cobham plc in a research note on Monday. They now have a GBX 230 ($3.82) 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 Wednesday, August 27th. They now have a GBX 310 ($5.14) price target on the stock. Finally, 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. Six analysts have rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 294.28 ($4.88).
Cobham plc is engaged in offering a range of technologies and services for commercial, defence and security markets.
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