Liberum Capital Trims Cobham (COB) Target Price to GBX 130
Cobham (LON:COB) had its price target decreased by research analysts at Liberum Capital from GBX 140 ($1.90) to GBX 130 ($1.76) in a report issued on Friday. The brokerage currently has a “hold” rating on the stock. Liberum Capital’s target price points to a potential upside of 0.04% from the company’s current price.
Other equities analysts also recently issued research reports about the stock. Goldman Sachs Group reissued a “sell” rating on shares of Cobham in a research note on Monday, December 11th. JPMorgan Chase & Co. cut their target price on shares of Cobham from GBX 135 ($1.83) to GBX 132 ($1.79) and set a “neutral” rating on the stock in a research note on Friday, January 5th. Finally, Barclays reissued an “equal weight” rating and issued a GBX 135 ($1.83) target price on shares of Cobham in a research note on Wednesday, December 20th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the stock. Cobham presently has a consensus rating of “Hold” and a consensus target price of GBX 129.46 ($1.76).
Shares of Cobham (LON COB) traded up GBX 2.95 ($0.04) during mid-day trading on Friday, hitting GBX 129.95 ($1.76). 11,322,781 shares of the stock were exchanged, compared to its average volume of 5,930,000. Cobham has a fifty-two week low of GBX 89.07 ($1.21) and a fifty-two week high of GBX 150.30 ($2.04). The stock has a market cap of $3,110.00 and a P/E ratio of -324.88.
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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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