Cobham (COB) Price Target Raised to GBX 133 at Barclays
A number of other research firms have also issued reports on COB. Liberum Capital decreased their price objective on Cobham from GBX 140 ($1.93) to GBX 130 ($1.80) and set a hold rating on the stock in a research note on Friday, January 12th. JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 145 ($2.00) price objective on shares of Cobham in a research note on Thursday, November 16th. Goldman Sachs Group reiterated a sell rating on shares of Cobham in a research note on Monday, December 11th. Kepler Capital Markets reiterated a reduce rating and set a GBX 112 ($1.55) price objective on shares of Cobham in a research note on Monday, February 26th. Finally, UBS Group reiterated a buy rating on shares of Cobham in a research note on Wednesday, February 14th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. Cobham presently has an average rating of Hold and a consensus target price of GBX 130.60 ($1.80).
Shares of Cobham (LON COB) opened at GBX 123.15 ($1.70) on Friday. Cobham has a one year low of GBX 101.93 ($1.41) and a one year high of GBX 150.30 ($2.08). The stock has a market capitalization of $2,940.00 and a price-to-earnings ratio of 4,105.00.
In related news, insider Lyn Colloff sold 1,707 shares of the business’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of GBX 121 ($1.67), for a total transaction of £2,065.47 ($2,853.65).
Cobham Company Profile
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cobham and related companies with MarketBeat.com's FREE daily email newsletter.