Babcock International Group (LON:BAB) Receives Buy Rating from Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Babcock International Group (LON:BAB) in a report released on Friday, MarketBeat.com reports. The brokerage currently has a GBX 1,670 price target on the stock.

Other equities analysts have also issued reports about the company. Jefferies Financial Group restated a “buy” rating and set a GBX 1,400 price target on shares of Babcock International Group in a research note on Monday, November 24th. Royal Bank Of Canada boosted their price objective 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. Finally, JPMorgan Chase & Co. upped their target price on 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. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Babcock International Group presently has a consensus rating of “Buy” and a consensus price target of GBX 1,462.50.

Babcock International Group Trading Up 0.1%

Shares of BAB stock opened at GBX 1,465.75 on Friday. The firm has a market capitalization of £7.30 billion, a P/E ratio of 26.27, a price-to-earnings-growth ratio of 1.35 and a beta of 1.28. Babcock International Group has a 1 year low of GBX 489.80 and a 1 year high of GBX 1,527. The firm’s fifty day simple moving average is GBX 1,273.13 and its 200 day simple moving average is GBX 1,174.89. 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 (LON:BAB) last issued its quarterly earnings results on Friday, November 21st. The company reported GBX 28.50 earnings per share for the quarter. Babcock International Group had a net margin of 3.77% and a return on equity of 44.68%. As a group, sell-side analysts predict that Babcock International Group will post 41.4298019 EPS for the current year.

Babcock International Group News Summary

Here are the key news stories impacting Babcock International Group this week:

• Positive Sentiment: Berenberg Bank has reaffirmed a “buy” rating and set a GBX 1,670 price target, giving formal broker support for upside versus current levels. Berenberg reaffirms buy
• Positive Sentiment: Management succession announced: the long‑serving CEO will retire at year‑end and an internal executive (head of the nuclear unit) will succeed him — presented as a planned handover after a period of transformation, which reduces execution risk from abrupt leadership change. CEO succession announced
• Positive Sentiment: Trading update: Babcock reported strong quarterly trading and reiterated its full‑year margin expectations, signaling confidence in execution and the outlook — a catalyst for investor confidence in near‑term earnings. Company confident on full year outlook
• Positive Sentiment: Order/contract news: Babcock agreed with Indonesia for two more Arrowhead 140 frigates, which supports backlog growth and recurring defence revenue. Indonesia frigate agreement
• Neutral Sentiment: Sector/regulatory context: coverage noting SMEs’ role in UK defence resilience is relevant to Babcock’s supply‑chain and contract environment but has no immediate company‑specific impact. SMEs and defence resilience

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.