Babcock International Group (LON:BAB – Get Free Report) had its price target increased by equities researchers at Citigroup from £155.40 to £155.60 in a research note issued on Wednesday,Digital Look reports. The firm presently has a “buy” rating on the stock.
BAB has been the topic of a number of other research reports. Royal Bank Of Canada increased their price objective on Babcock International Group from GBX 1,280 to GBX 1,400 and gave the company an “outperform” rating in a research note on Friday, May 15th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,400 target price on shares of Babcock International Group in a research note on Monday. Finally, JPMorgan Chase & Co. reduced their target price on shares of Babcock International Group from GBX 1,700 to GBX 1,500 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 4,306.
Read Our Latest Research Report on Babcock International Group
Babcock International Group Price Performance
Babcock International Group (LON:BAB – Get Free Report) last released its quarterly earnings results on Monday, June 22nd. The company reported GBX 42.10 earnings per share for the quarter. Babcock International Group had a return on equity of 31.57% and a net margin of 4.08%.The company had revenue of GBX 517.77 billion during the quarter. On average, analysts forecast that Babcock International Group will post 41.4298019 EPS for the current fiscal year.
Key Headlines Impacting Babcock International Group
Here are the key news stories impacting Babcock International Group this week:
- Positive Sentiment: The company reported ongoing underlying growth in its core defence and nuclear businesses, which supports the view that operational momentum remains intact despite one-off charges. Babcock sees underlying growth despite frigate setback
- Positive Sentiment: Babcock also announced a large share buyback program and said it is increasing shareholder returns, which can be supportive for the stock. Babcock International launches $265 million buyback program; pretax profit falls
- Positive Sentiment: Jefferies reaffirmed its “buy” rating and set a GBX 1,400 price target, suggesting analysts still see upside from current levels. Broker views
- Neutral Sentiment: The company posted quarterly EPS of GBX 42.10 and revenue of GBX 517.77 billion, reinforcing that the business remains profitable even as earnings headlines were dominated by the charge. Conference call transcript
- Negative Sentiment: Annual profit fell after a frigate cost hike/charge, and several reports noted the stock slid as fiscal 2026 profit dropped in line with guidance, which likely pressured the shares. Babcock International Shares Slide as Fiscal 2026 Profit Drops
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.
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