JPMorgan Chase & Co. Lowers Cobham (COB) Price Target to GBX 132

Cobham (LON:COB) had its target price lowered by JPMorgan Chase & Co. from GBX 135 ($1.83) to GBX 132 ($1.79) in a research report report published on Friday. The firm currently has a neutral rating on the stock.

Several other research analysts have also weighed in on COB. Liberum Capital reaffirmed a hold rating and issued a GBX 140 ($1.90) target price on shares of Cobham in a research report on Tuesday, September 26th. Barclays reissued an equal weight rating and issued a GBX 135 ($1.83) price objective on shares of Cobham in a research report on Wednesday, December 20th. Finally, Goldman Sachs Group reissued a sell rating on shares of Cobham in a research report on Monday, December 11th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of GBX 130.29 ($1.77).

Shares of Cobham (COB) opened at GBX 123.25 ($1.67) on Friday. Cobham has a fifty-two week low of GBX 89.07 ($1.21) and a fifty-two week high of GBX 150.30 ($2.04). The stock has a market capitalization of $2,990.00 and a price-to-earnings ratio of -308.13.

In other news, insider Lyn Colloff sold 1,707 shares of the business’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of GBX 121 ($1.64), for a total transaction of £2,065.47 ($2,801.02).

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Cobham Company Profile

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)

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