Babcock International Group (LON:BAB) Reaches New 12-Month High – Should You Buy?

Shares of Babcock International Group PLC (LON:BAB) hit a new 52-week high on Monday . The company traded as high as GBX 1,489 and last traded at GBX 1,483.32, with a volume of 10950162 shares trading hands. The stock had previously closed at GBX 1,461.28.

Wall Street Analyst Weigh In

Several equities analysts have commented on BAB shares. Berenberg Bank raised their price target on shares of 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. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,400 target price on shares of Babcock International Group in a report on Monday, November 24th. JPMorgan Chase & Co. boosted their target price on Babcock International Group from GBX 1,450 to GBX 1,500 and gave the stock an “overweight” rating in a research note on Monday, November 24th. Finally, Royal Bank Of Canada increased their price target on Babcock International Group from GBX 1,200 to GBX 1,280 and gave the company an “outperform” rating in a research report on Wednesday, November 26th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 1,405.

Babcock International Group Trading Up 1.6%

The firm has a market capitalization of £7.40 billion, a PE ratio of 26.61, a PEG ratio of 1.35 and a beta of 1.28. The company’s 50-day moving average price is GBX 1,214.77 and its 200-day moving average price is GBX 1,149.85. The company has a debt-to-equity ratio of 256.62, a quick ratio of 0.76 and a current ratio of 0.86.

Babcock International Group (LON:BAB) last announced 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%. On average, sell-side analysts expect that Babcock International Group PLC will post 41.4298019 earnings per share for the current year.

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. 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.