Babcock International Group (BAB) Stock Rating Reaffirmed by Numis Securities

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Numis Securities restated their buy rating on shares of Babcock International Group (LON:BAB) in a report published on Thursday morning, ThisIsMoney.Co.Uk reports.

BAB has been the subject of several other reports. Shore Capital reiterated a buy rating on shares of Babcock International Group in a research note on Tuesday, February 26th. JPMorgan Chase & Co. reiterated an overweight rating on shares of Babcock International Group in a research note on Wednesday. Goldman Sachs Group upped their target price on Babcock International Group from GBX 800 ($10.45) to GBX 860 ($11.24) and gave the company a buy rating in a research note on Monday, January 21st. Liberum Capital reiterated a buy rating on shares of Babcock International Group in a research note on Thursday, March 14th. Finally, Peel Hunt reiterated an add rating on shares of Babcock International Group in a research note on Tuesday, February 26th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Babcock International Group has an average rating of Buy and a consensus target price of GBX 778.75 ($10.18).

Babcock International Group stock traded down GBX 7 ($0.09) during trading on Thursday, hitting GBX 516.80 ($6.75). The company’s stock had a trading volume of 1,157,105 shares, compared to its average volume of 2,170,000. The firm has a market capitalization of $2.61 billion and a P/E ratio of 10.88. Babcock International Group has a 1-year low of GBX 471.90 ($6.17) and a 1-year high of GBX 868 ($11.34). The company has a current ratio of 1.09, a quick ratio of 0.98 and a debt-to-equity ratio of 58.28.

Babcock International Group Company Profile

Babcock International Group PLC, together with its subsidiaries, provides engineering services for marine, land, aviation, and nuclear sectors in the United Kingdom and internationally. The company delivers through-life marine engineering services, including supporting naval fleets, commercial marine, engineering consultancy, weapons handling, equipment support, intelligence and cyber-security, and technical training to defense and civil customers.

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Analyst Recommendations for Babcock International Group (LON:BAB)

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