Other analysts have also issued reports about the company. Barclays PLC reiterated an equal weight rating and issued a GBX 135 ($1.78) price target on shares of Cobham plc in a report on Tuesday, July 25th. Kepler Capital Markets reiterated a hold rating and issued a GBX 117.50 ($1.55) price target on shares of Cobham plc in a report on Thursday, July 27th. Deutsche Bank AG raised their price target on Cobham plc from GBX 115 ($1.51) to GBX 120 ($1.58) and gave the company a hold rating in a report on Thursday, August 31st. Finally, J P Morgan Chase & Co raised their price target on Cobham plc from GBX 130 ($1.71) to GBX 145 ($1.91) and gave the company a neutral rating in a report on Friday, August 4th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company’s stock. Cobham plc currently has an average rating of Hold and an average price target of GBX 131.38 ($1.73).
Cobham plc (COB) traded down GBX 0.90 ($0.01) during trading on Wednesday, reaching GBX 129.10 ($1.70). The company’s stock had a trading volume of 4,675,406 shares, compared to its average volume of 5,020,000. Cobham plc has a 1 year low of GBX 89.07 ($1.17) and a 1 year high of GBX 153.03 ($2.01).
In other Cobham plc news, insider John McAdam acquired 5,000 shares of the business’s stock in a transaction dated Monday, October 9th. The shares were acquired at an average price of GBX 148 ($1.95) per share, for a total transaction of £7,400 ($9,733.00).
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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