Babcock International Group PLC (LON:BAB) Receives GBX 1,574.80 Average PT from Analysts

Babcock International Group PLC (LON:BAB) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 1,574.80.

BAB has been the subject of a number of research reports. Citigroup cut Babcock International Group to a “neutral” rating and lifted their price target for the stock from GBX 1,338 to GBX 1,554 in a research report on Thursday, February 5th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,670 target price on shares of Babcock International Group in a research report on Friday, January 23rd. JPMorgan Chase & Co. increased their price target on shares of Babcock International Group from GBX 1,600 to GBX 1,700 and gave the stock an “overweight” rating in a report on Monday, January 26th. Finally, Jefferies Financial Group raised their price target on shares of Babcock International Group from GBX 1,400 to GBX 1,670 and gave the stock a “buy” rating in a research report on Monday, January 26th.

Babcock International Group Stock Performance

LON:BAB opened at GBX 1,163 on Friday. The company has a debt-to-equity ratio of 147.82, a quick ratio of 0.76 and a current ratio of 0.82. The stock’s fifty day moving average is GBX 1,381.35 and its 200 day moving average is GBX 1,283.97. Babcock International Group has a fifty-two week low of GBX 600.94 and a fifty-two week high of GBX 1,527. The firm has a market capitalization of £5.79 billion, a PE ratio of 20.84, a PEG ratio of 1.35 and a beta of 0.94.

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.