Cobham plc (LON:COB) insider David Mellors acquired 91 shares of Cobham stock in a transaction dated Monday, August 12th. The shares were acquired at an average price of GBX 164 ($2.14) per share, with a total value of £149.24 ($195.01).
Shares of LON:COB opened at GBX 163 ($2.13) on Friday. Cobham plc has a 12 month low of GBX 96.38 ($1.26) and a 12 month high of GBX 171.20 ($2.24). The stock has a market cap of $3.90 billion and a price-to-earnings ratio of -85.79. The stock’s 50 day moving average price is GBX 136.96 and its 200 day moving average price is GBX 118.48. The company has a debt-to-equity ratio of 43.70, a current ratio of 1.25 and a quick ratio of 0.91.
The company also recently announced a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 10th will be issued a dividend of GBX 0.40 ($0.01) per share. The ex-dividend date of this dividend is Thursday, October 10th. This represents a yield of 0.24%.
Several brokerages recently commented on COB. Goldman Sachs Group boosted their target price on Cobham from GBX 105 ($1.37) to GBX 107 ($1.40) and gave the stock a “sell” rating in a report on Tuesday, May 28th. UBS Group cut Cobham to a “neutral” rating and boosted their target price for the stock from GBX 138 ($1.80) to GBX 165 ($2.16) in a report on Monday, July 29th. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 115 ($1.50) target price on shares of Cobham in a report on Wednesday, July 17th. Jefferies Financial Group reissued a “buy” rating and set a GBX 150 ($1.96) target price on shares of Cobham in a report on Wednesday, June 12th. Finally, Berenberg Bank cut Cobham to a “hold” rating and boosted their target price for the stock from GBX 120 ($1.57) to GBX 170 ($2.22) in a report on Tuesday, July 30th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of GBX 138.88 ($1.81).
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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