Babcock International Group (LON:BAB) Stock Passes Above 200 Day Moving Average – Should You Sell?

Babcock International Group PLC (LON:BAB) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,122.80 and traded as high as GBX 1,255. Babcock International Group shares last traded at GBX 1,250, with a volume of 2,278,084 shares.

Analyst Upgrades and Downgrades

BAB has been the topic of a number of research reports. Berenberg Bank boosted their price objective on shares of Babcock International Group from GBX 1,360 to GBX 1,440 and gave the stock a “buy” rating in a research report on Friday, September 26th. JPMorgan Chase & Co. lifted their price target on shares of Babcock International Group from GBX 1,450 to GBX 1,500 and gave the company an “overweight” rating in a research note on Monday, November 24th. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,400 price target on shares of Babcock International Group in a research report on Monday, November 24th. Finally, Royal Bank Of Canada raised their price objective on Babcock International Group from GBX 1,200 to GBX 1,280 and gave the company an “outperform” rating in a report on Wednesday, November 26th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Babcock International Group presently has an average rating of “Buy” and an average target price of GBX 1,405.

Babcock International Group Trading Up 1.4%

The company has a debt-to-equity ratio of 256.62, a current ratio of 0.86 and a quick ratio of 0.76. The business has a 50-day simple moving average of GBX 1,182.80 and a two-hundred day simple moving average of GBX 1,122.80. The stock has a market cap of £6.23 billion, a price-to-earnings ratio of 22.40, a P/E/G ratio of 1.35 and a beta of 1.28.

Babcock International Group (LON:BAB) last issued its earnings results on Friday, November 21st. The company reported GBX 28.50 EPS for the quarter. Babcock International Group had a return on equity of 44.68% and a net margin of 3.77%. Equities analysts forecast that Babcock International Group PLC will post 41.4298019 EPS 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. It designs, procures, operates, and manages critical utility and process equipment; offers asset management, defense and maritime training, information and intelligence, equipment and system, and facilities and infrastructure services, as well as naval platforms; and designs, manufactures, and provides through-life support for mechanical and electrical systems and equipment.