Cobham plc (LON:COB) has been given an average rating of “Hold” by the eight analysts that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have given a hold recommendation and one has given a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 132.20 ($1.73).
COB has been the topic of several recent analyst reports. UBS Group reaffirmed a “neutral” rating on shares of Cobham in a research note on Thursday, September 12th. Barclays reaffirmed an “equal weight” rating on shares of Cobham in a research note on Monday, September 9th. Berenberg Bank downgraded shares of Cobham to a “hold” rating and raised their price target for the stock from GBX 120 ($1.57) to GBX 170 ($2.22) in a research note on Tuesday, July 30th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 115 ($1.50) price target on shares of Cobham in a research note on Wednesday, July 17th.
COB stock traded down GBX 0.50 ($0.01) during trading on Thursday, hitting GBX 155 ($2.03). The company had a trading volume of 6,105,108 shares, compared to its average volume of 9,760,000. The firm has a market capitalization of $3.71 billion and a P/E ratio of -81.58. Cobham has a 52-week low of GBX 96.38 ($1.26) and a 52-week high of GBX 171.20 ($2.24). The company has a 50 day simple moving average of GBX 157.61 and a 200-day simple moving average of GBX 136.92. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 43.70.
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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