Shares of Cobham plc (LON:COB) have been assigned a consensus rating of “Hold” from the thirteen brokerages that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is GBX 131.38 ($1.77).
Several equities analysts have weighed in on COB shares. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 145 ($1.95) price target on shares of Cobham in a report on Thursday, November 16th. Liberum Capital reaffirmed a “hold” rating and set a GBX 140 ($1.88) price target on shares of Cobham in a report on Wednesday, November 15th. Finally, Deutsche Bank lifted their price target on shares of Cobham from GBX 115 ($1.55) to GBX 120 ($1.62) and gave the company a “hold” rating in a report on Thursday, August 31st.
Shares of Cobham (LON COB) traded down GBX 2.60 ($0.03) during trading hours on Thursday, reaching GBX 124 ($1.67). 4,454,833 shares of the company’s stock traded hands, compared to its average volume of 5,890,000. Cobham has a twelve month low of GBX 89.07 ($1.20) and a twelve month high of GBX 153.03 ($2.06).
In other news, insider John McAdam purchased 5,000 shares of the firm’s stock in a transaction on Monday, October 9th. The stock was acquired at an average cost of GBX 148 ($1.99) per share, with a total value of £7,400 ($9,959.62).
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.
Receive News & Ratings for Cobham plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cobham plc and related companies with MarketBeat.com's FREE daily email newsletter.