Cobham plc (LON:COB)‘s stock had its “hold” rating reiterated by analysts at Liberum Capital in a note issued to investors on Thursday.
A number of other research firms have also recently commented on COB. Kepler Capital Markets increased their target price on shares of Cobham plc from GBX 120 ($1.58) to GBX 135 ($1.78) and gave the stock a “hold” rating in a report on Thursday, April 13th. Citigroup Inc. increased their target price on shares of Cobham plc from GBX 115 ($1.52) to GBX 143 ($1.89) and gave the stock a “neutral” rating in a report on Friday, May 5th. Goldman Sachs Group, Inc. (The) reissued a “sell” rating and issued a GBX 110 ($1.45) target price (up previously from GBX 76.47 ($1.01)) on shares of Cobham plc in a report on Tuesday, May 9th. Deutsche Bank AG increased their target price on shares of Cobham plc from GBX 110 ($1.45) to GBX 113 ($1.49) and gave the stock a “hold” rating in a report on Thursday, May 18th. Finally, Barclays PLC reissued an “equal weight” rating and issued a GBX 135 ($1.78) target price on shares of Cobham plc in a report on Tuesday, July 25th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of GBX 130.46 ($1.72).
Cobham plc (LON:COB) opened at 142.50 on Thursday. The company’s 50-day moving average is GBX 132.80 and its 200 day moving average is GBX 124.80. Cobham plc has a one year low of GBX 89.07 and a one year high of GBX 154.51. The company’s market capitalization is GBX 2.42 billion.
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In related news, insider David Mellors sold 67,376 shares of the firm’s stock in a transaction that occurred on Wednesday, June 28th. The shares were sold at an average price of GBX 134 ($1.77), for a total value of £90,283.84 ($119,092.26). Also, insider David Lockwood acquired 44,578 shares of the company’s stock in a transaction that occurred on Thursday, June 1st. The stock was acquired at an average price of GBX 334 ($4.41) per share, with a total value of £148,890.52 ($196,399.58).
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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