Cobham plc (LON:COB) has been assigned an average recommendation of “Hold” from the seventeen ratings firms that are covering the firm. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is GBX 193.88 ($2.36).
A number of equities analysts have recently commented on COB shares. JPMorgan Chase & Co. boosted their price target on Cobham plc from GBX 165 ($2.01) to GBX 185 ($2.25) and gave the stock a “neutral” rating in a report on Monday, October 10th. Goldman Sachs Group Inc. reissued a “neutral” rating and set a GBX 174 ($2.12) price target on shares of Cobham plc in a report on Sunday, September 11th. Liberum Capital reissued a “buy” rating and set a GBX 180 ($2.19) price target on shares of Cobham plc in a report on Monday, September 12th. Morgan Stanley started coverage on Cobham plc in a report on Tuesday, September 27th. They set an “equal weight” rating and a GBX 170 ($2.07) price target for the company. Finally, Societe Generale reissued a “hold” rating and set a GBX 150 ($1.83) price target (down previously from GBX 176 ($2.15)) on shares of Cobham plc in a report on Friday, August 5th.
Cobham plc (LON:COB) opened at 161.70 on Friday. The firm has a 50-day moving average price of GBX 168.25 and a 200 day moving average price of GBX 158.70. The firm’s market cap is GBX 2.19 billion. Cobham plc has a 1-year low of GBX 124.32 and a 1-year high of GBX 259.61.
The firm also recently disclosed a dividend, which will be paid on Friday, November 4th. Stockholders of record on Thursday, October 6th will be paid a GBX 2.03 ($0.02) dividend. This represents a dividend yield of 1.22%. The ex-dividend date of this dividend is Thursday, October 6th.
In other news, insider Nicholls,Simon sold 16,557 shares of the business’s stock in a transaction dated Monday, August 8th. The stock was sold at an average price of GBX 164 ($2.00), for a total value of £27,153.48 ($33,093.82).
Cobham plc Company Profile
Cobham plc is a United Kingdom-based company, which offers a range of technologies and services. The Company operates in four segments: Communications and Connectivity, Mission Systems, Advanced Electronic Solutions and Aviation Services. Its Communications and Connectivity segment provides aircraft and in-building communication equipment; satellite communication equipment for land, sea and air applications, and test and measurement instrumentation for radio frequency, cellular communications and wireless networking.
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