Shares of Cobham plc (LON:COB) have received an average rating of “Hold” from the eight analysts that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 141.57 ($1.85).
A number of analysts have commented on the company. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 115 ($1.50) price target on shares of Cobham in a research report on Wednesday, July 17th. Barclays cut Cobham to an “equal weight” rating and lifted their price target for the stock from GBX 135 ($1.76) to GBX 165 ($2.16) in a research report on Tuesday. Deutsche Bank reiterated a “hold” rating on shares of Cobham in a research note on Monday, May 13th. Berenberg Bank lowered Cobham to a “hold” rating and lifted their price objective for the company from GBX 120 ($1.57) to GBX 170 ($2.22) in a research note on Tuesday, July 30th. Finally, UBS Group lowered Cobham to a “neutral” rating and lifted their price objective for the company from GBX 138 ($1.80) to GBX 165 ($2.16) in a research note on Monday, July 29th.
COB traded down GBX 0.75 ($0.01) on Tuesday, reaching GBX 164.10 ($2.14). 9,539,013 shares of the stock were exchanged, compared to its average volume of 9,760,000. The firm’s 50-day moving average is GBX 126.44. Cobham has a fifty-two week low of GBX 96.38 ($1.26) and a fifty-two week high of GBX 171.20 ($2.24). The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 43.70. The stock has a market capitalization of $3.92 billion and a price-to-earnings ratio of -86.37.
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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