Cobham plc (LON:COB) insider Lyn Colloff sold 1,707 shares of the firm’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of GBX 121 ($1.63), for a total value of £2,065.47 ($2,779.91).
Cobham plc (COB) opened at GBX 124.10 ($1.67) on Friday. Cobham plc has a 52-week low of GBX 89.07 ($1.20) and a 52-week high of GBX 153.03 ($2.06).
Several research firms have recently issued reports on COB. Liberum Capital restated a “hold” rating and set a GBX 140 ($1.88) price objective on shares of Cobham in a report on Tuesday, September 26th. Deutsche Bank raised their price objective on Cobham from GBX 115 ($1.55) to GBX 120 ($1.62) and gave the stock a “hold” rating in a report on Thursday, August 31st. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 145 ($1.95) price objective on shares of Cobham in a report on Thursday, November 16th. Barclays restated an “equal weight” rating and set a GBX 135 ($1.82) price objective on shares of Cobham in a report on Wednesday. Finally, Goldman Sachs Group restated a “sell” rating on shares of Cobham in a report on Monday, December 11th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of GBX 131.38 ($1.77).
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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