Babcock International Group PLC (LON:BAB) Given Consensus Recommendation of “Buy” by Analysts

Shares of Babcock International Group PLC (LON:BAB) have earned an average recommendation of “Buy” from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a buy recommendation. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 526.80 ($6.51).

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 510 ($6.30) price objective on shares of Babcock International Group in a report on Thursday, February 8th.

Babcock International Group Price Performance

Shares of LON BAB opened at GBX 519.50 ($6.42) on Friday. The stock has a market capitalization of £2.63 billion, a PE ratio of 8,608.33, a P/E/G ratio of 1.35 and a beta of 1.28. The company has a debt-to-equity ratio of 258.85, a current ratio of 0.89 and a quick ratio of 0.76. The business has a fifty day moving average price of GBX 507.57 and a two-hundred day moving average price of GBX 447.41. Babcock International Group has a fifty-two week low of GBX 266.60 ($3.29) and a fifty-two week high of GBX 543.50 ($6.71).

About Babcock International Group

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.