Cobham plc (LON:COB) has been given a consensus rating of “Hold” by the thirteen research firms that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is GBX 131.38 ($1.75).

A number of analysts have commented on the stock. Deutsche Bank AG increased their price target on shares of Cobham plc from GBX 113 ($1.50) to GBX 115 ($1.53) and gave the company a “hold” rating in a research note on Friday, August 4th. J P Morgan Chase & Co increased their price target on shares of Cobham plc from GBX 130 ($1.73) to GBX 145 ($1.93) and gave the company a “neutral” rating in a research note on Friday, August 4th. Barclays PLC reiterated an “equal weight” rating and issued a GBX 135 ($1.79) price target on shares of Cobham plc in a research note on Friday, August 4th. Liberum Capital reiterated a “hold” rating and issued a GBX 140 ($1.86) price target on shares of Cobham plc in a research note on Tuesday, September 26th. Finally, Kepler Capital Markets reiterated a “hold” rating and issued a GBX 117.50 ($1.56) price target on shares of Cobham plc in a research note on Thursday, July 27th.

Cobham plc (LON:COB) traded up 0.42% on Wednesday, reaching GBX 143.30. 3,407,339 shares of the company’s stock were exchanged. Cobham plc has a 12 month low of GBX 89.07 and a 12 month high of GBX 153.03. The firm’s market cap is GBX 2.99 billion. The firm’s 50-day moving average is GBX 140.81 and its 200-day moving average is GBX 135.18.

In other Cobham plc news, insider John McAdam acquired 5,000 shares of the company’s stock in a transaction on Monday, October 9th. The stock was acquired at an average price of GBX 148 ($1.97) per share, for a total transaction of £7,400 ($9,832.58).

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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.

Analyst Recommendations for Cobham plc (LON:COB)

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