Cobham plc (OTCMKTS:CBHMF) has earned an average recommendation of “Hold” from the nine brokerages that are covering the company, MarketBeat reports. Nine investment analysts have rated the stock with a hold rating.
Several research firms recently issued reports on CBHMF. Morgan Stanley began coverage on shares of Cobham in a report on Wednesday, August 28th. They set an “equal weight” rating for the company. Berenberg Bank downgraded shares of Cobham from a “buy” rating to a “hold” rating in a report on Monday, July 29th. Jefferies Financial Group downgraded shares of Cobham from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Barclays downgraded shares of Cobham from an “overweight” rating to an “equal weight” rating in a report on Monday, August 5th. Finally, UBS Group downgraded shares of Cobham from a “buy” rating to a “neutral” rating in a report on Monday, July 29th.
Shares of CBHMF opened at $2.01 on Friday. The company’s fifty day moving average is $1.97 and its 200-day moving average is $1.65. Cobham has a 12 month low of $1.22 and a 12 month high of $2.17.
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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