Cobham plc (COB) Given Consensus Rating of “Hold” by Brokerages
Shares of Cobham plc (LON:COB) have been assigned an average rating of “Hold” from the thirteen analysts that are currently covering the company. Two investment analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is GBX 128.92 ($1.66).
A number of equities analysts have recently commented on COB shares. Liberum Capital cut their target price on shares of Cobham plc from GBX 160 ($2.07) to GBX 150 ($1.94) and set a “buy” rating on the stock in a research note on Monday, January 23rd. Jefferies Group LLC reissued a “buy” rating and issued a GBX 180 ($2.32) target price on shares of Cobham plc in a research note on Friday, February 17th. Barclays PLC cut their target price on shares of Cobham plc from GBX 167 ($2.16) to GBX 145 ($1.87) and set an “equal weight” rating on the stock in a research note on Monday, February 6th. Morgan Stanley cut their target price on shares of Cobham plc from GBX 160 ($2.07) to GBX 135 ($1.74) and set an “equal weight” rating on the stock in a research note on Tuesday, February 14th. Finally, Kepler Capital Markets cut their target price on shares of Cobham plc from GBX 160 ($2.07) to GBX 120 ($1.55) and set a “hold” rating on the stock in a research note on Friday, February 17th.
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Cobham plc (LON:COB) traded up 2.29% during midday trading on Friday, reaching GBX 138.30. The company had a trading volume of 3,079,064 shares. The firm’s 50 day moving average is GBX 135.19 and its 200 day moving average is GBX 143.45. Cobham plc has a 1-year low of GBX 89.07 and a 1-year high of GBX 154.51. The stock’s market capitalization is GBX 2.34 billion.
About Cobham plc
Cobham plc is a technology and services provider in commercial and defense and security markets. It operates in four segments. The Communications and Connectivity segment provides equipment and solutions to enable connectivity across a range of environments in aerospace, avionics, satellite and radio, wireless and mobile connectivity markets.
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