AlphaValue Lowers Cobham (COB) to Add

AlphaValue downgraded shares of Cobham (LON:COB) to an add rating in a research report report published on Thursday, May 31st.

A number of other equities research analysts also recently weighed in on COB. Liberum Capital reaffirmed a hold rating and set a GBX 120 ($1.60) price objective on shares of Cobham in a report on Thursday, March 1st. Morgan Stanley reissued an equal weight rating on shares of Cobham in a report on Wednesday, March 28th. Berenberg Bank boosted their target price on Cobham from GBX 130 ($1.73) to GBX 134 ($1.78) and gave the stock a hold rating in a report on Monday, March 5th. Barclays boosted their price objective on shares of Cobham from GBX 130 ($1.73) to GBX 133 ($1.77) and gave the stock an equal weight rating in a research report on Friday, March 2nd. Finally, Deutsche Bank restated a sell rating on shares of Cobham in a research report on Friday, March 16th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company. The company has a consensus rating of Hold and an average price target of GBX 124.83 ($1.66).

COB traded up GBX 2.85 ($0.04) during trading on Thursday, reaching GBX 126.50 ($1.68). 9,603,755 shares of the stock traded hands, compared to its average volume of 9,760,000. Cobham has a fifty-two week low of GBX 107.67 ($1.43) and a fifty-two week high of GBX 150.30 ($2.00).

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.

Analyst Recommendations for Cobham (LON:COB)

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