Babcock International Group (OTCMKTS:BCKIY) Upgraded at Citigroup

Citigroup upgraded shares of Babcock International Group (OTCMKTS:BCKIY) from a hold rating to a strong-buy rating in a research note published on Tuesday,Zacks.com reports.

Babcock International Group Trading Up 1.5%

Shares of OTCMKTS BCKIY opened at $17.10 on Tuesday. The company has a 50 day simple moving average of $18.52 and a two-hundred day simple moving average of $17.39. Babcock International Group has a fifty-two week low of $7.97 and a fifty-two week high of $21.15. The company has a quick ratio of 0.74, a current ratio of 0.82 and a debt-to-equity ratio of 0.97.

Babcock International Group Company Profile

Babcock International Group plc is a leading global provider of critical, complex engineering support services. Headquartered in the United Kingdom, the company specializes in the design, construction, operation and maintenance of infrastructure and assets across defence, emergency services, transport, and energy sectors. Through a combination of technical expertise, asset management and specialist training, Babcock supports customers through the full lifecycle of their projects, from initial concept and procurement to long-term through-life support.

The company’s core activities encompass maritime and naval support, including the maintenance and refit of warships; aerospace services such as aircraft maintenance, repair and overhaul (MRO); and land-sector operations covering armoured vehicle support, munitions management and training solutions.