Brokerages Set Babcock International Group PLC (LON:BAB) Price Target at GBX 1,574.80

Shares of Babcock International Group PLC (LON:BAB) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 1,574.80.

A number of equities research analysts have commented on the stock. Royal Bank Of Canada increased their price objective on shares of 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. JPMorgan Chase & Co. boosted their target price on shares of Babcock International Group from GBX 1,600 to GBX 1,700 and gave the stock an “overweight” rating in a research note on Monday, January 26th. Jefferies Financial Group increased their target price on Babcock International Group from GBX 1,400 to GBX 1,670 and gave the company a “buy” rating in a report on Monday, January 26th. Citigroup cut Babcock International Group to a “neutral” rating and raised their price target for the company from GBX 1,338 to GBX 1,554 in a research note on Thursday. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,670 price objective on shares of Babcock International Group in a research report on Friday, January 23rd.

Babcock International Group Price Performance

BAB stock opened at GBX 1,391 on Thursday. The business’s 50-day moving average is GBX 1,336.49 and its two-hundred day moving average is GBX 1,202.21. The company has a debt-to-equity ratio of 256.62, a current ratio of 0.86 and a quick ratio of 0.76. The firm has a market capitalization of £6.93 billion, a P/E ratio of 24.93, a P/E/G ratio of 1.35 and a beta of 1.28. Babcock International Group has a 1 year low of GBX 537 and a 1 year high of GBX 1,527.

Babcock International Group (LON:BAB) last announced its quarterly earnings data on Friday, November 21st. The company reported GBX 28.50 EPS for the quarter. Babcock International Group had a return on equity of 44.68% and a net margin of 3.77%. Analysts anticipate that Babcock International Group will post 41.4298019 earnings per share for the current fiscal 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.