Babcock International Group (LON: BAB)‘s stock had its “buy” rating reaffirmed by research analysts at Investec in a report released on Tuesday. They currently have a $16.13 (1000 GBX) target price on the stock.

Babcock International Group opened at 957.00 on Tuesday. Babcock International Group has a 52-week low of GBX 641.00 and a 52-week high of GBX 948.4999. The company’s market cap is £3.433 billion.

Separately, analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Babcock International Group in a research note to investors on Thursday, August 23rd. They now have a $15.71 price target on the stock.

Babcock International Group PLC is an engineering support services Company. The Company’s segments include Marine and Technology, Defence and Security, Support Services, and International.

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