RBC Capital Reiterates “Sector Perform” Rating for Cobham plc (COB)
Cobham plc (LON:COB)‘s stock had its “sector perform” rating restated by equities researchers at RBC Capital in a research report issued on Friday. They currently have a GBX 300 ($4.98) target price on the stock. RBC Capital’s price objective suggests a potential downside of 0.63% from the stock’s previous close.
Cobham plc (LON:COB) opened at 303.10 on Friday. 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 297.2 and a 200-day moving average of GBX 303.6. The company’s market cap is £3.284 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 is Thursday, October 9th.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Cobham plc in a research note on Thursday. They now have a GBX 330 ($5.48) price target on the stock. Separately, 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. 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 research analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company’s stock. Cobham plc presently has a consensus rating of “Hold” and a consensus price target of GBX 293.72 ($4.87).
Cobham plc is engaged in offering a range of technologies and services for commercial, defence and security markets.
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