Babcock International Group (LON:BAB)‘s stock had its “buy” rating reissued by equities research analysts at Liberum Capital in a research note issued on Thursday, ThisIsMoney.Co.Uk reports.
BAB has been the topic of a number of other research reports. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Babcock International Group in a research note on Monday, April 8th. Goldman Sachs Group lifted their price objective on shares of Babcock International Group from GBX 800 ($10.45) to GBX 860 ($11.24) and gave the company a “buy” rating in a research note on Monday, January 21st. Jefferies Financial Group decreased their price target on shares of Babcock International Group from GBX 950 ($12.41) to GBX 900 ($11.76) and set a “buy” rating for the company in a research report on Tuesday, April 9th. Numis Securities reissued a “buy” rating and set a GBX 780 ($10.19) price target on shares of Babcock International Group in a research report on Tuesday, February 5th. Finally, Shore Capital reissued a “buy” rating on shares of Babcock International Group in a research report on Friday, January 18th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of GBX 778.75 ($10.18).
BAB opened at GBX 516.80 ($6.75) on Thursday. The company has a market cap of $2.61 billion and a PE ratio of 10.88. Babcock International Group has a 52-week low of GBX 471.90 ($6.17) and a 52-week high of GBX 868 ($11.34). The company has a debt-to-equity ratio of 58.28, a quick ratio of 0.98 and a current ratio of 1.09.
Babcock International Group PLC, together with its subsidiaries, provides engineering services for marine, land, aviation, and nuclear sectors in the United Kingdom and internationally. The company delivers through-life marine engineering services, including supporting naval fleets, commercial marine, engineering consultancy, weapons handling, equipment support, intelligence and cyber-security, and technical training to defense and civil customers.
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