Analysts Set Babcock International Group PLC (LON:BAB) Target Price at GBX 1,558.80

Shares of Babcock International Group PLC (LON:BAB – Get Free Report) have been assigned a consensus rating of “Buy” from the six research firms that are currently covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a buy recommendation. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 1,558.80.

Several analysts recently commented on BAB shares. Berenberg Bank restated a “buy” rating and issued a GBX 1,670 target price on shares of Babcock International Group in a research report on Friday, January 23rd. Royal Bank Of Canada raised their target price on Babcock International Group from GBX 1,280 to GBX 1,400 and gave the company an “outperform” rating in a research report on Friday, May 15th. JPMorgan Chase & Co. lowered their target price on Babcock International Group from GBX 1,700 to GBX 1,500 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Citigroup upgraded Babcock International Group to a “buy” rating and set a GBX 1,554 target price on the stock in a research report on Wednesday, April 1st. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 1,670 target price on shares of Babcock International Group in a research report on Wednesday, May 13th.

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Babcock International Group Trading Down 0.3%

Shares of LON BAB opened at GBX 1,063.50 on Friday. The company has a market cap of £5.20 billion, a price-to-earnings ratio of 19.06, a price-to-earnings-growth ratio of 1.35 and a beta of 0.89. Babcock International Group has a 12-month low of GBX 873 and a 12-month high of GBX 1,527. The company has a current ratio of 0.82, a quick ratio of 0.76 and a debt-to-equity ratio of 147.82. The stock’s 50 day simple moving average is GBX 1,185.77 and its 200 day simple moving average is GBX 1,264.48.

Babcock International Group Company Profile

(Get Free Report)

Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation. It designs, procures, operates, and manages critical utility and process equipment; offers asset management, defense and maritime training, information and intelligence, equipment and system, and facilities and infrastructure services, as well as naval platforms; and designs, manufactures, and provides through-life support for mechanical and electrical systems and equipment.

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