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

Babcock International Group PLC (LON:BAB) has been given an average recommendation of “Buy” by the six research firms that are presently covering the stock, MarketBeat reports. Six research analysts have rated the stock with a buy rating. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 1,558.80.

BAB has been the topic of a number of recent research reports. Citigroup upgraded Babcock International Group to a “buy” rating and set a GBX 1,554 target price on the stock in a research note on Wednesday, April 1st. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,670 price target on shares of Babcock International Group in a research report on Wednesday. Royal Bank Of Canada boosted their price target on Babcock International Group from GBX 1,280 to GBX 1,400 and gave the company an “outperform” rating in a report on Friday. JPMorgan Chase & Co. lowered their price objective 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. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,670 target price on shares of Babcock International Group in a report on Friday, January 23rd.

Babcock International Group Stock Performance

Shares of LON:BAB traded down GBX 30.60 on Friday, hitting GBX 944.80. 591,522,750 shares of the company were exchanged, compared to its average volume of 19,510,191. The firm has a market capitalization of £4.62 billion, a P/E ratio of 16.93, a price-to-earnings-growth ratio of 1.35 and a beta of 0.89. The company has a current ratio of 0.82, a quick ratio of 0.76 and a debt-to-equity ratio of 147.82. Babcock International Group has a 1-year low of GBX 836 and a 1-year high of GBX 1,527. The stock’s 50 day moving average price is GBX 1,221.91 and its 200 day moving average price is GBX 1,271.25.

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. 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.