Babcock International Group PLC (LON:BAB) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Babcock International Group PLC (LON:BAB) have received an average rating of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 570.80 ($7.34).

Several brokerages have recently weighed in on BAB. Shore Capital reiterated a “buy” rating on shares of Babcock International Group in a research note on Wednesday, July 17th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 625 ($8.04) price target on shares of Babcock International Group in a report on Tuesday, May 7th. Finally, Berenberg Bank cut Babcock International Group to a “hold” rating and increased their price objective for the stock from GBX 510 ($6.56) to GBX 565 ($7.27) in a research report on Wednesday, July 17th.

Babcock International Group Stock Down 2.1 %

Babcock International Group stock opened at GBX 511.50 ($6.58) on Friday. The stock has a 50-day simple moving average of GBX 530.97 and a 200-day simple moving average of GBX 509.48. The company has a market capitalization of £2.59 billion, a P/E ratio of 8,525.00, a PEG ratio of 1.35 and a beta of 1.27. The company has a debt-to-equity ratio of 258.85, a quick ratio of 0.76 and a current ratio of 0.89. Babcock International Group has a fifty-two week low of GBX 364.80 ($4.69) and a fifty-two week high of GBX 575 ($7.40).

Babcock International Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, September 30th. Investors of record on Thursday, August 22nd will be given a GBX 3.30 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, August 22nd. This is a positive change from Babcock International Group’s previous dividend of $1.70. This represents a dividend yield of 0.68%. Babcock International Group’s payout ratio is currently 5,000.00%.

Babcock International Group Company Profile

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.