Babcock International Group (LON:BAB) Given “Buy” Rating at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Babcock International Group (LON:BAB) in a research report released on Monday, Marketbeat Ratings reports. They currently have a GBX 1,400 target price on the stock.

A number of other research firms have also weighed in on BAB. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 1,200 price objective on shares of Babcock International Group in a research note on Monday, September 8th. Berenberg Bank increased their target price on Babcock International Group from GBX 1,360 to GBX 1,440 and gave the company a “buy” rating in a research report on Friday, September 26th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 1,385.

Babcock International Group Price Performance

Shares of BAB stock opened at GBX 1,132 on Monday. The company has a market cap of £5.65 billion, a P/E ratio of 23.58, a PEG ratio of 1.35 and a beta of 1.28. The stock’s 50-day moving average is GBX 1,207.85 and its 200 day moving average is GBX 1,086.67. Babcock International Group has a 1-year low of GBX 478.70 and a 1-year high of GBX 1,332. The company has a debt-to-equity ratio of 256.62, a current ratio of 0.86 and a quick ratio of 0.76.

Babcock International Group (LON:BAB) last issued its quarterly earnings results on Friday, November 21st. The company reported GBX 28.50 earnings per share (EPS) for the quarter. Babcock International Group had a return on equity of 44.68% and a net margin of 3.77%. Research analysts predict that Babcock International Group will post 41.4298019 earnings per share for the current fiscal year.

Babcock International Group Company Profile

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.