David Mellors Sells 67,376 Shares of Cobham plc (COB) Stock
Cobham plc (LON:COB) insider David Mellors sold 67,376 shares of the stock in a transaction on Wednesday, June 28th. The stock was sold at an average price of GBX 134 ($1.70), for a total value of £90,283.84 ($114,835.72).
Shares of Cobham plc (LON COB) traded down 1.56% during midday trading on Wednesday, reaching GBX 132.70. The company had a trading volume of 5,558,105 shares. Cobham plc has a 52 week low of GBX 89.07 and a 52 week high of GBX 154.51. The company’s 50 day moving average price is GBX 136.06 and its 200-day moving average price is GBX 139.47. The company’s market capitalization is GBX 2.25 billion.
A number of analysts have weighed in on COB shares. Liberum Capital reiterated a “hold” rating and issued a GBX 115 ($1.46) target price on shares of Cobham plc in a research note on Tuesday, March 28th. Citigroup Inc. reiterated a “neutral” rating and issued a GBX 132 ($1.68) target price on shares of Cobham plc in a research note on Tuesday, March 7th. Kepler Capital Markets increased their target price on Cobham plc from GBX 120 ($1.53) to GBX 135 ($1.72) and gave the stock a “hold” rating in a research note on Thursday, April 13th. J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 125 ($1.59) target price on shares of Cobham plc in a research note on Friday, April 21st. Finally, Berenberg Bank increased their target price on Cobham plc from GBX 132 ($1.68) to GBX 138 ($1.76) and gave the stock a “hold” rating in a research note on Friday, March 10th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 129 ($1.64).
Cobham plc Company Profile
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.
Receive News & Ratings for Cobham plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cobham plc and related companies with MarketBeat.com's FREE daily email newsletter.