Babcock International Group (LON:BAB) Earns “Buy” Rating from Liberum Capital

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Liberum Capital reissued their buy rating on shares of Babcock International Group (LON:BAB) in a research note released on Monday, ThisIsMoney.Co.Uk reports.

Other analysts have also issued research reports about the company. Jefferies Financial Group restated a buy rating and set a GBX 825 ($10.85) price target on shares of Babcock International Group in a report on Wednesday, November 20th. Peel Hunt restated an add rating and set a GBX 668 ($8.79) price target on shares of Babcock International Group in a report on Monday. Peel Hunt restated a hold rating and set a GBX 561 ($7.38) price target on shares of Babcock International Group in a report on Wednesday, January 8th. Shore Capital restated a buy rating on shares of Babcock International Group in a report on Wednesday, February 5th. Finally, Barclays restated an underweight rating on shares of Babcock International Group in a report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 597 ($7.85).

LON:BAB opened at GBX 514 ($6.76) on Monday. The stock’s fifty day moving average is GBX 608.28 and its 200 day moving average is GBX 555.28. Babcock International Group has a fifty-two week low of GBX 410.10 ($5.39) and a fifty-two week high of GBX 659.80 ($8.68). The firm has a market capitalization of $2.58 billion and a PE ratio of 9.61. The company has a debt-to-equity ratio of 85.12, a quick ratio of 0.93 and a current ratio of 1.07.

The firm also recently disclosed a dividend, which was paid on Friday, January 17th. Shareholders of record on Thursday, December 5th were given a GBX 7.20 ($0.09) dividend. This represents a yield of 1.33%. The ex-dividend date of this dividend was Thursday, December 5th. Babcock International Group’s dividend payout ratio (DPR) is presently 0.56%.

In other Babcock International Group news, insider Ruth Cairnie acquired 2,500 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were bought at an average price of GBX 521 ($6.85) per share, with a total value of £13,025 ($17,133.65). Also, insider Myles Lee acquired 5,000 shares of the business’s stock in a transaction on Wednesday, February 12th. The stock was acquired at an average cost of GBX 534 ($7.02) per share, for a total transaction of £26,700 ($35,122.34).

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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