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

Shares of Babcock International Group PLC (LON:BAB) have been assigned a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 1,574.80.

BAB has been the subject of several research analyst reports. Royal Bank Of Canada raised their price objective on Babcock International Group from GBX 1,200 to GBX 1,280 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,670 price target on shares of Babcock International Group in a report on Friday, January 23rd. JPMorgan Chase & Co. lifted their price objective on shares of Babcock International Group from GBX 1,600 to GBX 1,700 and gave the company an “overweight” rating in a research note on Monday, January 26th. Jefferies Financial Group upped their price objective on shares of Babcock International Group from GBX 1,400 to GBX 1,670 and gave the company a “buy” rating in a report on Monday, January 26th. Finally, Citigroup cut shares of Babcock International Group to a “neutral” rating and raised their target price for the stock from GBX 1,338 to GBX 1,554 in a report on Thursday, February 5th.

Babcock International Group Stock Performance

Shares of BAB opened at GBX 1,373 on Monday. The company has a debt-to-equity ratio of 147.82, a quick ratio of 0.76 and a current ratio of 0.82. The stock has a 50-day moving average of GBX 1,397.80 and a two-hundred day moving average of GBX 1,250.38. The stock has a market cap of £6.84 billion, a P/E ratio of 24.61, a P/E/G ratio of 1.35 and a beta of 0.94. Babcock International Group has a one year low of GBX 600.94 and a one year high of GBX 1,527.

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.