Babcock International Group PLC (LON:BAB)‘s stock had its “buy” rating restated by research analysts at Shore Capital in a note issued to investors on Thursday.
Several other research firms have also recently weighed in on BAB. BNP Paribas restated a “neutral” rating and set a GBX 1,050 ($13.71) price target on shares of Babcock International Group PLC in a report on Monday, June 20th. Peel Hunt restated a “buy” rating and set a GBX 1,121 ($14.63) price target on shares of Babcock International Group PLC in a report on Thursday, July 21st. Credit Suisse Group AG restated a “neutral” rating and set a GBX 1,080 ($14.10) price target on shares of Babcock International Group PLC in a report on Thursday. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a GBX 1,135 ($14.82) target price on shares of Babcock International Group PLC in a report on Friday, July 22nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of GBX 1,173.92 ($15.32).
Shares of Babcock International Group PLC (LON:BAB) opened at 1048.00 on Thursday. Babcock International Group PLC has a 12 month low of GBX 780.00 and a 12 month high of GBX 1,112.00. The stock’s 50 day moving average is GBX 1,058.11 and its 200 day moving average is GBX 990.09. The firm’s market cap is GBX 5.28 billion.
In other news, insider Hardy,Roger bought 10,417 shares of the firm’s stock in a transaction on Friday, July 29th. The stock was acquired at an average cost of GBX 965 ($12.60) per share, with a total value of £100,524.05 ($131,215.31).
Babcock International Group PLC Company Profile
Babcock International Group PLC is a United Kingdom-based engineering support services company, which delivers complex and critical support to the defense, emergency services, energy, transport and education sectors, both in the United Kingdom and overseas. The Company is a supplier to all three of the United Kingdom’s armed forces, providing through-life support for naval and land fleets, technical training and asset management through its Marine & Technology and Defense and Security divisions.
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