Cobham plc (LON:COB)‘s stock had its “neutral” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a research note issued on Friday, April 21st. They currently have a GBX 125 ($1.61) price target on the stock. JPMorgan Chase & Co.’s price objective suggests a potential downside of 9.94% from the company’s current price.
Several other brokerages have also commented on COB. Liberum Capital reissued a “hold” rating and issued a GBX 115 ($1.48) price objective on shares of Cobham plc in a report on Tuesday, March 28th. Berenberg Bank reissued a “hold” rating and issued a GBX 132 ($1.70) price objective on shares of Cobham plc in a report on Thursday, February 9th. Citigroup Inc reissued a “neutral” rating and issued a GBX 132 ($1.70) price objective on shares of Cobham plc in a report on Tuesday, March 7th. Canaccord Genuity reaffirmed a “sell” rating and issued a GBX 88 ($1.14) price target on shares of Cobham plc in a research note on Friday, February 17th. Finally, Kepler Capital Markets lifted their price target on Cobham plc from GBX 120 ($1.55) to GBX 135 ($1.74) and gave the stock a “hold” rating in a research note on Thursday, April 13th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 129 ($1.67).
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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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