A number of other brokerages have also issued reports on COB. J P Morgan Chase & Co restated a neutral rating and issued a GBX 145 ($1.95) target price on shares of Cobham in a research note on Thursday, November 16th. Deutsche Bank raised their target price on Cobham from GBX 115 ($1.55) to GBX 120 ($1.62) and gave the stock a hold rating in a research note on Thursday, August 31st. Finally, Liberum Capital restated a hold rating and issued a GBX 140 ($1.88) target price on shares of Cobham in a research note on Tuesday, September 26th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of GBX 131.38 ($1.77).
Cobham (COB) opened at GBX 120.30 ($1.62) on Monday. Cobham has a 52 week low of GBX 89.07 ($1.20) and a 52 week high of GBX 153.03 ($2.06).
In other Cobham news, insider John McAdam bought 5,000 shares of the company’s stock in a transaction dated Monday, October 9th. The shares were purchased at an average cost of GBX 148 ($1.99) per share, for a total transaction of £7,400 ($9,959.62).
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.
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