Babcock International Group (LON:BAB - Get Free Report) had its price objective increased by analysts at JPMorgan Chase & Co. from GBX 760 ($9.80) to GBX 900 ($11.60) in a research report issued to clients and investors on Monday, Marketbeat.com reports. The firm presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price objective suggests a potential upside of 19.92% from the company's current price.
BAB has been the topic of a number of other research reports. Berenberg Bank reissued a "hold" rating and set a GBX 565 ($7.28) price objective on shares of Babcock International Group in a research report on Wednesday, November 13th. Shore Capital reiterated a "buy" rating on shares of Babcock International Group in a report on Wednesday, November 13th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of GBX 687.50 ($8.86).
Get Our Latest Stock Analysis on BAB
Babcock International Group Stock Up 2.9 %
LON BAB traded up GBX 21 ($0.27) on Monday, hitting GBX 750.50 ($9.67). 2,007,601 shares of the company were exchanged, compared to its average volume of 1,947,731. The company has a current ratio of 0.86, a quick ratio of 0.76 and a debt-to-equity ratio of 256.62. The company has a market cap of £3.76 billion, a PE ratio of 22.71, a PEG ratio of 1.35 and a beta of 1.28. The stock has a fifty day moving average of GBX 561.47 and a 200-day moving average of GBX 519.57. Babcock International Group has a 12 month low of GBX 455.40 ($5.87) and a 12 month high of GBX 753 ($9.71).
Babcock International Group Company Profile
(
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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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