Cubic Corp. (NYSE:CUB) traded up 3.5% during trading on Monday . The stock traded as high as $43.07 and last traded at $42.27, with a volume of 150,550 shares. The stock had previously closed at $40.84.

A number of research firms have weighed in on CUB. Credit Suisse Group AG reaffirmed a “buy” rating on shares of Cubic Corp. in a research note on Saturday, July 9th. Zacks Investment Research cut shares of Cubic Corp. from a “hold” rating to a “sell” rating in a research note on Thursday, May 5th. Canaccord Genuity assumed coverage on shares of Cubic Corp. in a research note on Wednesday, June 8th. They set a “buy” rating and a $48.00 price objective for the company. Finally, Needham & Company LLC raised shares of Cubic Corp. from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a research note on Monday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of $47.33.

The firm has a market capitalization of $1.15 billion and a PE ratio of 34.35. The firm has a 50 day moving average price of $40.63 and a 200 day moving average price of $39.42.

Several institutional investors have recently added to or reduced their stakes in CUB. Rhumbline Advisers raised its position in Cubic Corp. by 5.4% in the fourth quarter. Rhumbline Advisers now owns 38,546 shares of the company’s stock valued at $1,821,000 after buying an additional 1,985 shares in the last quarter. California State Teachers Retirement System increased its stake in Cubic Corp. by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 40,098 shares of the company’s stock valued at $1,895,000 after buying an additional 642 shares during the last quarter. Marshall Wace LLP bought a new stake in Cubic Corp. during the fourth quarter valued at $2,685,000. Matarin Capital Management LLC bought a new stake in Cubic Corp. during the fourth quarter valued at $4,919,000. Finally, Principal Financial Group Inc. increased its stake in Cubic Corp. by 4.9% in the fourth quarter. Principal Financial Group Inc. now owns 144,180 shares of the company’s stock valued at $6,813,000 after buying an additional 6,740 shares during the last quarter.

Cubic Corporation (Cubic) is an international provider of systems and solutions that address the mass transit and global defense markets. The Company operates through three segments across the global transportation and defense markets, which include Cubic Transportation Systems (CTS), Cubic Global Defense Systems (CGD Systems) and Cubic Global Defense Services (CGD Services).

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