Shares of Cobham plc (LON:COB) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $138.67 and traded as high as $162.00. Cobham shares last traded at $160.65, with a volume of 37,940,277 shares trading hands.
Several research analysts have weighed in on the company. Berenberg Bank downgraded Cobham to a “hold” rating and lifted their target price for the company from GBX 120 ($1.57) to GBX 170 ($2.22) in a research note on Tuesday, July 30th. UBS Group reissued a “neutral” rating on shares of Cobham in a report on Thursday, September 12th. Finally, Barclays reissued an “equal weight” rating on shares of Cobham in a report on Monday, September 9th. One 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. Cobham has a consensus rating of “Hold” and an average price target of GBX 138.88 ($1.81).
The company has a debt-to-equity ratio of 43.70, a quick ratio of 0.91 and a current ratio of 1.25. The firm has a fifty day moving average price of GBX 156.89 and a 200 day moving average price of GBX 138.67. The firm has a market capitalization of $3.84 billion and a price-to-earnings ratio of -84.55.
Cobham Company Profile (LON:COB)
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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