Liberum Capital Finally Downgrades Cobham PLC (LON:COB)

July 27, 2018 - By Robert Shackelford

Cobham plc (LON:COB) Logo

Cobham PLC (LON:COB) Receives a Downgrade

London-listed Cobham PLC (LON:COB) shares have been cut by stock analysts at Liberum Capital. Liberum Capital cut its rating on the 2.91B GBP market capitalized firm to a “Sell”.

Cobham plc (LON:COB) Ratings Coverage

Among 10 analysts covering Cobham PLC (LON:COB), 3 have Buy rating, 3 Sell and 4 Hold. Therefore 30% are positive. Cobham PLC has GBX 150 highest and GBX 110 lowest target. GBX 131.56’s average target is 7.57% above currents GBX 122.3 stock price. Cobham PLC had 20 analyst reports since February 2, 2018 according to SRatingsIntel. UBS maintained it with “Buy” rating and GBX 145 target in Friday, July 27 report. The firm has “Hold” rating given on Thursday, April 26 by Liberum Capital. The firm has “Equal Weight” rating by Barclays Capital given on Friday, March 2. The stock of Cobham plc (LON:COB) earned “Reduce” rating by Kepler Cheuvreux on Monday, February 26. The firm has “Hold” rating by Berenberg given on Monday, March 5. The firm earned “Sell” rating on Tuesday, March 6 by Deutsche Bank. The rating was maintained by Morgan Stanley with “Equal Weight” on Wednesday, March 28. On Friday, March 16 the stock rating was maintained by Deutsche Bank with “Sell”. The company was maintained on Thursday, July 5 by Kepler Cheuvreux. The firm has “Add” rating given on Thursday, May 31 by AlphaValue.

The stock increased 3.12% or GBX 3.7 during the last trading session, reaching GBX 122.3. About 841,372 shares traded. Cobham plc (LON:COB) has 0.00% since July 27, 2017 and is . It has underperformed by 12.57% the S&P500.

Cobham plc provides a range of technologies and services to commercial, defense, and security markets in the United Kingdom, the United States, Other European countries, Australia, andinternationally. The company has market cap of 2.91 billion GBP. The firm operates in four divisions: Communications and Connectivity, Mission Systems, Advanced Electronic Solutions, and Aviation Services. It has a 34.94 P/E ratio. The Communications and Connectivity segment offers equipment and solutions for the aerospace, avionics, satellite and radio, wireless, and mobile connectivity markets.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.