Babcock International Group (LON:BAB) Price Target Raised to GBX 1,670 at Jefferies Financial Group

Babcock International Group (LON:BAB) had its price target lifted by Jefferies Financial Group from GBX 1,400 to GBX 1,670 in a research report released on Monday, Marketbeat Ratings reports. The brokerage currently has a buy rating on the stock.

Several other equities research analysts have also recently commented on BAB. Berenberg Bank restated a “buy” rating and issued a GBX 1,670 target price on shares of Babcock International Group in a research note on Friday. JPMorgan Chase & Co. boosted their price objective on shares of Babcock International Group from GBX 1,450 to GBX 1,500 and gave the stock an “overweight” rating in a research report on Monday, November 24th. Finally, Royal Bank Of Canada increased their target price on shares of Babcock International Group from GBX 1,200 to GBX 1,280 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 1,580.

Babcock International Group Trading Down 0.7%

BAB opened at GBX 1,456 on Monday. The stock has a market capitalization of £7.26 billion, a P/E ratio of 26.09, a P/E/G ratio of 1.35 and a beta of 1.28. The company has a current ratio of 0.86, a quick ratio of 0.76 and a debt-to-equity ratio of 256.62. Babcock International Group has a 12 month low of GBX 510.50 and a 12 month high of GBX 1,527. The firm’s fifty day simple moving average is GBX 1,278.93 and its 200 day simple moving average is GBX 1,178.77.

Babcock International Group (LON:BAB) last released 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%. As a group, research analysts anticipate that Babcock International Group 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.