Cobham plc (LON:COB) insider John McAdam purchased 5,000 shares of the stock in a transaction that occurred on Monday, October 9th. The stock was bought at an average price of GBX 148 ($1.95) per share, with a total value of £7,400 ($9,729.16).
Cobham plc (LON COB) opened at 147.20 on Thursday. The firm has a 50-day moving average price of GBX 139.70 and a 200 day moving average price of GBX 134.11. Cobham plc has a 1-year low of GBX 89.07 and a 1-year high of GBX 153.03. The stock’s market cap is GBX 3.07 billion.
A number of analysts recently issued reports on the company. Liberum Capital restated a “hold” rating and issued a GBX 140 ($1.84) price target (up from GBX 115 ($1.51)) on shares of Cobham plc in a research report on Thursday, August 3rd. J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 130 ($1.71) price target on shares of Cobham plc in a research report on Monday, July 24th. Barclays PLC restated an “equal weight” rating and issued a GBX 135 ($1.77) price target on shares of Cobham plc in a research report on Friday, August 4th. Deutsche Bank AG lifted their target price on Cobham plc from GBX 113 ($1.49) to GBX 115 ($1.51) and gave the stock a “hold” rating in a research report on Friday, August 4th. Finally, Kepler Capital Markets reiterated a “hold” rating and set a GBX 117.50 ($1.54) target price on shares of Cobham plc in a research report on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 131.27 ($1.73).
About Cobham plc
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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