Babcock International Group (LON:BAB) Receives Hold Rating from Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Babcock International Group (LON:BAB) in a research note issued to investors on Friday morning, ThisIsMoney.Co.Uk reports.

Several other equities analysts also recently weighed in on the stock. Peel Hunt reiterated a hold rating and issued a GBX 561 ($7.38) target price on shares of Babcock International Group in a research note on Wednesday, January 8th. Liberum Capital reiterated a buy rating on shares of Babcock International Group in a research note on Tuesday, November 26th. Barclays reiterated an underweight rating on shares of Babcock International Group in a research note on Wednesday, November 27th. Shore Capital reiterated a buy rating on shares of Babcock International Group in a research note on Friday, December 13th. Finally, Jefferies Financial Group reiterated a buy rating and issued a GBX 825 ($10.85) target price on shares of Babcock International Group in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of GBX 594.91 ($7.83).

BAB opened at GBX 614.60 ($8.08) on Friday. The company has a market capitalization of $3.14 billion and a price-to-earnings ratio of 11.49. The company has a quick ratio of 0.93, a current ratio of 1.07 and a debt-to-equity ratio of 85.12. The firm has a 50-day moving average price of GBX 617.48 and a 200-day moving average price of GBX 538.01. Babcock International Group has a twelve month low of GBX 410.10 ($5.39) and a twelve month high of GBX 659.80 ($8.68).

The company also recently disclosed a dividend, which was paid on Friday, January 17th. Investors of record on Thursday, December 5th were paid a dividend of GBX 7.20 ($0.09) per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a yield of 1.33%. Babcock International Group’s dividend payout ratio is currently 0.56%.

In other news, insider Ruth Cairnie acquired 2,500 shares of Babcock International Group stock in a transaction that occurred on Wednesday, November 20th. The stock was bought at an average price of GBX 521 ($6.85) per share, with a total value of £13,025 ($17,133.65).

Babcock International Group Company Profile

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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Analyst Recommendations for Babcock International Group (LON:BAB)

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