Babcock International Group PLC (LON:BAB) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 795 ($10.27) and last traded at GBX 795.50 ($10.27), with a volume of 1,189,527 shares trading hands. The stock had previously closed at GBX 808 ($10.44).

Several equities research analysts have weighed in on the company. Peel Hunt restated a “buy” rating and set a GBX 1,085 ($14.01) price target on shares of Babcock International Group PLC in a report on Thursday, June 29th. Liberum Capital restated a “buy” rating and set a GBX 1,100 ($14.21) price target on shares of Babcock International Group PLC in a report on Thursday, July 13th. BNP Paribas restated a “neutral” rating and set a GBX 975 ($12.59) price target on shares of Babcock International Group PLC in a report on Wednesday, July 12th. Jefferies Group LLC cut their price target on Babcock International Group PLC from GBX 1,280 ($16.53) to GBX 1,260 ($16.27) and set a “buy” rating on the stock in a report on Friday, May 26th. Finally, Goldman Sachs Group, Inc. (The) cut their price target on Babcock International Group PLC from GBX 1,420 ($18.34) to GBX 1,360 ($17.56) and set a “conviction-buy” rating on the stock in a report on Friday, May 26th. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Babcock International Group PLC currently has a consensus rating of “Buy” and an average price target of GBX 1,147.30 ($14.82).

The firm’s market capitalization is GBX 4.02 billion. The stock has a 50-day moving average of GBX 829.29 and a 200-day moving average of GBX 881.48.

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Babcock International Group PLC Company Profile

Babcock International Group PLC is a holding company. The Company is an engineering support services company. The Company offers support to the defense, energy, emergency services, transport and education sectors. Its segments include Marine and Technology, Defence and Security, Support Services and International.

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