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

Shares of Babcock International Group PLC (LON:BAB) have been given an average rating of “Moderate Buy” by the six brokerages that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 1,574.80.

Several analysts have recently issued reports on the company. Royal Bank Of Canada upped their price objective on Babcock International Group from GBX 1,200 to GBX 1,280 and gave the company an “outperform” rating in a research report on Wednesday, November 26th. Jefferies Financial Group boosted their target price on shares of Babcock International Group from GBX 1,400 to GBX 1,670 and gave the company a “buy” rating in a research note on Monday, January 26th. JPMorgan Chase & Co. raised their price target on shares of Babcock International Group from GBX 1,600 to GBX 1,700 and gave the stock an “overweight” rating in a research note on Monday, January 26th. Berenberg Bank reiterated a “buy” rating and set a GBX 1,670 price target on shares of Babcock International Group in a report on Friday, January 23rd. Finally, Citigroup lowered shares of Babcock International Group to a “neutral” rating and boosted their price objective for the company from GBX 1,338 to GBX 1,554 in a research report on Thursday.

Babcock International Group Price Performance

Shares of BAB stock traded up GBX 15 during mid-day trading on Thursday, reaching GBX 1,483. The stock had a trading volume of 5,996,152 shares, compared to its average volume of 11,562,887. The company has a market cap of £7.39 billion, a P/E ratio of 26.58, a price-to-earnings-growth ratio of 1.35 and a beta of 1.28. The company has a current ratio of 0.86, a quick ratio of 0.76 and a debt-to-equity ratio of 256.62. Babcock International Group has a 12-month low of GBX 537 and a 12-month high of GBX 1,527. The business has a 50-day simple moving average of GBX 1,324.43 and a 200 day simple moving average of GBX 1,196.94.

Babcock International Group (LON:BAB) last posted its earnings results on Friday, November 21st. The company reported GBX 28.50 earnings per share for the quarter. Babcock International Group had a net margin of 3.77% and a return on equity of 44.68%. On average, sell-side analysts anticipate that Babcock International Group will post 41.4298019 earnings per share for the current year.

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. 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.