Latest Share Chat

BUZZ-Cobham: rallies off YTD lows after upgrade at JP Morgan

Fri, 03rd Jul 2015 08:19

** British engineer Cobham rises 1.8 pct afterupgrade to "overweight" from "neutral" by JP Morgan

** Broker looking to play mean reversion after heavy YTDunderperformance

** Trades on fwd P/E of 11.8x v 15x for aerospace peer group

** Co among the top risers on FTSE 250 midcap index

** Stock off YTD lows but still down 18 pct in 2015

** Of the 19 analysts covering the company, 12 have a "hold"rating, 4 rate it a "strong buy", 1 rate it a "buy" whileremaining two have a "sell" and "strong sell" rating each (RM: aastha.agnihotri.thomsonreuters.com@reuters.net)

Related Shares

More News

19 Aug 2021 13:18

CMA confirms it will investigate Cobham takeover of Ultra Electronics

(Sharecast News) - The Competition and Markets Authority confirmed on Thursday that it will investigate the proposed takeover of defence company Ultra...

28 Jun 2021 07:58

Ultra Electronics terminates talks with Cobham

(Sharecast News) - Aerospace and defence group Ultra Electronics was under the cosh on Monday after saying at the end of the last week that it had ter...

11 Mar 2021 20:35

Babcock sells Oil and Gas aviation unit to CHC Group

(Sharecast News) - Babcock has clinched a deal to hive off its Oil and Gas aviation unit to CHC Group.

4 Oct 2020 18:03

Sunday newspaper round-up: Trump, Cineworld, Cobham

(Sharecast News) - President Donald Trump's team of doctors says he is doing well after his Covid-19 diagnosis and could be discharged as early as Mon...

15 Jan 2020 12:00