Babcock International Group PLC (LON:BAB) has earned an average rating of “Buy” from the fifteen ratings firms that are currently covering the firm. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 1,174.92 ($15.34).
A number of research analysts have recently issued reports on the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,427 ($18.63) price target on shares of Babcock International Group PLC in a report on Friday, July 22nd. Liberum Capital reissued a “hold” rating and issued a GBX 1,000 ($13.05) target price on shares of Babcock International Group PLC in a report on Thursday, July 21st. BNP Paribas reissued a “neutral” rating and issued a GBX 1,050 ($13.71) target price on shares of Babcock International Group PLC in a report on Monday, June 20th. Credit Suisse Group AG reissued a “neutral” rating and issued a GBX 1,080 ($14.10) target price on shares of Babcock International Group PLC in a report on Thursday, September 29th. Finally, Deutsche Bank AG reissued 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.
Babcock International Group PLC (LON:BAB) opened at 1005.00 on Monday. The stock’s market cap is GBX 5.06 billion. The stock’s 50 day moving average price is GBX 1,063.64 and its 200 day moving average price is GBX 993.80. Babcock International Group PLC has a one year low of GBX 780.00 and a one year high of GBX 1,112.00.
In other Babcock International Group PLC news, insider Hardy,Roger bought 10,417 shares of the business’s stock in a transaction that occurred on Friday, July 29th. The stock was purchased at an average price of GBX 965 ($12.60) per share, for a total transaction of £100,524.05 ($131,215.31).
About Babcock International Group PLC
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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