Jefferies Group Reiterates Buy on Cobham (COB)
Shares of Cobham opened at 211.90 on Thursday. Cobham has a 52 week low of GBX 182.50 and a 52 week high of GBX 242.70. The stock’s 50-day moving average is currently GBX 224.. The company’s market cap is £2.280 billion.
A number of other firms have also recently commented on COB. Analysts at Societe Generale reiterated a “sell” rating on shares of Cobham in a research note to investors on Monday. They now have a $3.15 price target on the stock. Separately, analysts at Exane BNP Paribas reiterated a “neutral” rating on shares of Cobham in a research note to investors on Wednesday, January 16th. They now have a $3.29 price target on the stock. Finally, analysts at Barclays Capital reiterated an “underweight” rating on shares of Cobham in a research note to investors on Tuesday, January 15th. They now have a $2.93 price target on the stock.
Cobham plc operates in four segments: Cobham Aerospace and Security, which provides avionics and communication equipment, law enforcement and national security solutions, and satellite communication equipment for land, sea and air applications; Cobham Defence Systems, which provides technology for network centric and intelligence operations, moving information around the digital battlefield with solutions for people and systems to communicate on land, sea and air; Cobham Mission Systems, which provides safety and survival systems for extreme environments, nose-to-tail refuelling systems and wing-tip to wing-tip mission systems for fast jets, transport aircraft and rotor craft, and Cobham Aviation Services, which delivers outsourced aviation services for military and civil customers through military training, special mission flight operations, and aircraft engineering.
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