Babcock International Group (LON:BAB) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of Babcock International Group (LON:BAB) in a research note released on Tuesday, Marketbeat Ratings reports. The brokerage currently has a GBX 625 ($7.85) price objective on the stock.

Separately, Berenberg Bank reissued a buy rating and issued a GBX 510 ($6.41) price target on shares of Babcock International Group in a research report on Thursday, February 8th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of Buy and an average target price of GBX 559.80 ($7.03).

Babcock International Group Trading Up 1.5 %

LON BAB opened at GBX 532.50 ($6.69) on Tuesday. The firm has a market capitalization of £2.69 billion, a P/E ratio of 8,741.67, a PEG ratio of 1.35 and a beta of 1.27. The business has a fifty day simple moving average of GBX 512.04 and a 200 day simple moving average of GBX 454.84. Babcock International Group has a 12 month low of GBX 266.60 ($3.35) and a 12 month high of GBX 543.50 ($6.83). The company has a current ratio of 0.89, a quick ratio of 0.76 and a debt-to-equity ratio of 258.85.

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.