Cobham plc (LON:COB) has earned an average recommendation of “Hold” from the thirteen ratings firms that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is GBX 132.14 ($1.77).

Several research analysts recently commented on COB shares. Barclays reaffirmed an “equal weight” rating and issued a GBX 135 ($1.81) target price on shares of Cobham in a research report on Wednesday, December 20th. Liberum Capital reaffirmed a “hold” rating and issued a GBX 140 ($1.87) target price on shares of Cobham in a research report on Wednesday, November 15th. JPMorgan Chase & Co. reduced their target price on Cobham from GBX 135 ($1.81) to GBX 132 ($1.76) and set a “neutral” rating for the company in a research report on Friday. Finally, Goldman Sachs Group reaffirmed a “sell” rating on shares of Cobham in a research report on Monday, December 11th.

In related news, insider Lyn Colloff sold 1,707 shares of Cobham stock in a transaction dated Friday, December 15th. The stock was sold at an average price of GBX 121 ($1.62), for a total value of £2,065.47 ($2,761.69). Also, insider John McAdam purchased 5,000 shares of the business’s stock in a transaction that occurred on Monday, October 9th. The stock was acquired at an average cost of GBX 148 ($1.98) per share, with a total value of £7,400 ($9,894.37).

Shares of Cobham (LON COB) traded down GBX 3.60 ($0.05) during mid-day trading on Monday, reaching GBX 123.25 ($1.65). The company had a trading volume of 8,130,000 shares, compared to its average volume of 5,310,000. The company has a market capitalization of $2,950.00 and a PE ratio of -308.13. Cobham has a 52-week low of GBX 89.07 ($1.19) and a 52-week high of GBX 150.30 ($2.01).

ILLEGAL ACTIVITY WARNING: This news story was first reported by Marea Informative and is owned by of Marea Informative. If you are reading this news story on another site, it was illegally stolen and reposted in violation of US and international trademark & copyright law. The correct version of this news story can be accessed at https://www.mareainformativa.com/2018/01/29/cobham-plc-cob-receives-gbx-133-32-consensus-target-price-from-brokerages-updated-updated-updated.html.

About Cobham

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.

Analyst Recommendations for Cobham (LON:COB)

Receive News & Ratings for Cobham Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cobham and related companies with MarketBeat.com's FREE daily email newsletter.