Babcock International Group PLC (LON:BAB - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 546.82 ($7.05) and traded as high as GBX 733 ($9.45). Babcock International Group shares last traded at GBX 724 ($9.34), with a volume of 1,173,932 shares.
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. increased their price objective on shares of Babcock International Group from GBX 760 ($9.80) to GBX 900 ($11.61) and gave the company an "overweight" rating in a research report on Monday, March 3rd. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of GBX 687.50 ($8.87).
Get Our Latest Stock Report on BAB
Babcock International Group Stock Performance
The firm has a 50 day moving average price of GBX 663.40 and a 200-day moving average price of GBX 553.21. The stock has a market capitalization of £3.44 billion, a PE ratio of 20.74, a PEG ratio of 1.35 and a beta of 1.28. The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 256.62.
Babcock International Group Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Babcock International Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Babcock International Group wasn't on the list.
While Babcock International Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market volatility creates opportunity. Our analysts have pinpointed 10 stocks perfectly positioned for exceptional growth this spring, even amid economic uncertainty. Don't miss your chance to access this timely research and invest with confidence.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
