Cobham (LON:COB) Stock Rating Reaffirmed by JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their neutral rating on shares of Cobham (LON:COB) in a research report sent to investors on Wednesday morning, Digital Look reports. JPMorgan Chase & Co. currently has a GBX 115 ($1.50) price target on the stock.

Other research analysts have also recently issued reports about the stock. Goldman Sachs Group set a $27.00 price objective on shares of Melco Resorts & Entertainment and gave the company a buy rating in a research note on Tuesday, May 28th. UBS Group raised shares of to a neutral rating and lifted their price objective for the company from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a research note on Thursday, June 20th. Deutsche Bank raised shares of RDS-A from a hold rating to a buy rating in a research note on Monday, May 13th. Finally, Jefferies Financial Group started coverage on shares of in a research note on Wednesday, June 12th. They issued a hold rating and a GBX 250 ($3.27) price objective on the stock. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of GBX 122.88 ($1.61).

Shares of COB opened at GBX 119.15 ($1.56) on Wednesday. The stock’s 50 day simple moving average is GBX 108.16. The company has a market capitalization of $2.85 billion and a PE ratio of 38.44. The company has a debt-to-equity ratio of 33.28, a current ratio of 1.33 and a quick ratio of 0.93. Cobham has a 12 month low of GBX 96.38 ($1.26) and a 12 month high of GBX 132.50 ($1.73).

In related news, insider Jamie Pike bought 87,420 shares of the business’s stock in a transaction on Wednesday, May 1st. The shares were purchased at an average price of GBX 114 ($1.49) per share, for a total transaction of £99,658.80 ($130,221.87). Insiders acquired 87,700 shares of company stock worth $9,996,060 in the last 90 days.

About Cobham

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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