Cobham plc (COB) Given Consensus Recommendation of “Hold” by Brokerages
Cobham plc (LON:COB) has earned a consensus rating of “Hold” from the thirteen research firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 133.32 ($1.78).
Several equities analysts recently weighed in on the stock. Liberum Capital reaffirmed a “hold” rating and set a GBX 140 ($1.87) target price on shares of Cobham in a research note on Tuesday, September 26th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 145 ($1.94) target price on shares of Cobham in a research note on Thursday, November 16th. Barclays reissued an “equal weight” rating and issued a GBX 135 ($1.81) price objective on shares of Cobham in a research note on Wednesday, December 20th. Finally, Goldman Sachs Group reissued a “sell” rating on shares of Cobham in a research note on Monday, December 11th.
Cobham (COB) traded up GBX 0.40 ($0.01) on Monday, reaching GBX 126.30 ($1.69). 3,586,642 shares of the company traded hands, compared to its average volume of 5,340,000. The stock has a market capitalization of $3,000.00 and a PE ratio of -315.75. Cobham has a 52 week low of GBX 89.07 ($1.19) and a 52 week high of GBX 150.30 ($2.01).
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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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