Shares of Cobham plc (LON:COB) have been assigned an average recommendation of “Hold” from the eleven analysts that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and two have given a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 132.13 ($1.69).

A number of equities research analysts have recently issued reports on COB shares. UBS Group reaffirmed a “buy” rating and set a GBX 145 ($1.85) target price (down from GBX 150 ($1.91)) on shares of Cobham in a research report on Friday, July 27th. AlphaValue lowered Cobham to an “add” rating in a research report on Thursday, May 31st. Kepler Capital Markets boosted their target price on Cobham from GBX 112 ($1.43) to GBX 117 ($1.49) and gave the stock a “reduce” rating in a research report on Thursday, July 5th. Liberum Capital downgraded Cobham to a “sell” rating in a report on Friday, July 27th. Finally, Citigroup lowered their price target on Cobham from GBX 143 ($1.82) to GBX 135 ($1.72) and set a “neutral” rating on the stock in a report on Friday, June 15th.

In other news, insider Norton Schwartz bought 5,000 shares of the stock in a transaction on Friday, June 22nd. The shares were purchased at an average price of GBX 130 ($1.66) per share, for a total transaction of £6,500 ($8,291.87). Also, insider David Mellors sold 122,814 shares of the business’s stock in a transaction dated Thursday, June 14th. The shares were sold at an average price of GBX 126 ($1.61), for a total value of £154,745.64 ($197,404.82). Insiders have bought 5,159 shares of company stock worth $670,028 in the last quarter.

Shares of Cobham stock traded down GBX 0.95 ($0.01) on Tuesday, reaching GBX 125.95 ($1.61). 3,418,344 shares of the company were exchanged, compared to its average volume of 9,760,000. Cobham has a fifty-two week low of GBX 107.67 ($1.37) and a fifty-two week high of GBX 150.30 ($1.92).

Cobham Company Profile

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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Analyst Recommendations for Cobham (LON:COB)

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