Other equities research analysts have also issued research reports about the stock. Barclays cut their price target on shares of Babcock International Group from GBX 358 ($4.23) to GBX 325 ($3.84) and set an equal weight rating for the company in a report on Thursday, October 6th. Berenberg Bank reissued a buy rating and issued a GBX 425 ($5.03) price target on shares of Babcock International Group in a report on Tuesday. Finally, JPMorgan Chase & Co. cut their price target on shares of Babcock International Group from GBX 510 ($6.03) to GBX 475 ($5.62) and set an overweight rating for the company in a report on Monday, November 7th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and a consensus price target of GBX 392.80 ($4.64).
Babcock International Group Price Performance
Shares of LON BAB opened at GBX 301.20 ($3.56) on Tuesday. The firm has a market cap of £1.52 billion and a PE ratio of 941.25. The firm has a fifty day moving average of GBX 287.66 and a 200 day moving average of GBX 314.49. The company has a debt-to-equity ratio of 305.80, a quick ratio of 0.77 and a current ratio of 0.86. Babcock International Group has a one year low of GBX 262.20 ($3.10) and a one year high of GBX 371.40 ($4.39).
About Babcock International Group
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.
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