Babcock International Group PLC (LON:BAB - Get Free Report)'s stock price 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 changing hands.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. raised their target price 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 note on Monday, March 3rd. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of GBX 687.50 ($8.87).
Read Our Latest Analysis on BAB
Babcock International Group Price Performance
The firm has a market capitalization of £3.44 billion, a PE ratio of 20.74, a P/E/G ratio of 1.35 and a beta of 1.28. The firm's fifty day moving average price is GBX 663.40 and its 200 day moving average price is GBX 553.21. The company has a current ratio of 0.86, a quick ratio of 0.76 and a debt-to-equity ratio of 256.62.
About Babcock International Group
(
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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.
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