Cobham (LON:COB) had its price objective reduced by equities researchers at Barclays from GBX 135 ($1.76) to GBX 110 ($1.44) in a report released on Monday. The firm currently has an “equal weight” rating on the stock. Barclays’ price target indicates a potential upside of 11.58% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. UBS Group reaffirmed a “buy” rating on shares of Cobham in a report on Thursday, November 15th. JPMorgan Chase & Co. raised their price target on shares of Cobham from GBX 135 ($1.76) to GBX 140 ($1.83) and gave the company a “neutral” rating in a report on Monday, August 6th. Deutsche Bank reaffirmed a “sell” rating on shares of Cobham in a report on Friday, July 27th. Liberum Capital downgraded shares of Cobham to a “sell” rating in a report on Friday, July 27th. Finally, Goldman Sachs Group dropped their price target on shares of Cobham from GBX 106 ($1.39) to GBX 103 ($1.35) and set a “sell” rating on the stock in a report on Monday, August 6th. Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. Cobham has a consensus rating of “Hold” and a consensus target price of GBX 126.90 ($1.66).

Shares of LON COB opened at GBX 98.58 ($1.29) on Monday. Cobham has a 52-week low of GBX 107.67 ($1.41) and a 52-week high of GBX 150.30 ($1.96).

In other Cobham news, insider Marion Blakey acquired 5,000 shares of the stock in a transaction dated Thursday, September 20th. The shares were purchased at an average price of GBX 122 ($1.59) per share, for a total transaction of £6,100 ($7,970.73). Insiders bought a total of 5,214 shares of company stock worth $635,052 in the last quarter.

About Cobham

Cobham plc provides a range of technologies and services to commercial, defense, aerospace, space, and security markets in the United Kingdom, the United States, other European countries, Australia, Asia, and internationally. The company operates in four segments: Communications and Connectivity, Mission Systems, Advanced Electronic Solutions, and Aviation Services.

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Analyst Recommendations for Cobham (LON:COB)

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