Babcock International Group PLC (BAB) Earns Buy Rating from Liberum Capital
Liberum Capital reiterated their buy rating on shares of Babcock International Group PLC (LON:BAB) in a report issued on Wednesday morning. The firm currently has a GBX 1,100 ($14.83) target price on the stock.
A number of other research firms have also recently issued reports on BAB. Peel Hunt reaffirmed a buy rating and issued a GBX 1,085 ($14.63) price objective on shares of Babcock International Group PLC in a research report on Wednesday, May 24th. Shore Capital reissued a buy rating on shares of Babcock International Group PLC in a report on Thursday, May 25th. Jefferies Group LLC dropped their price target on Babcock International Group PLC from GBX 1,280 ($17.26) to GBX 1,260 ($16.99) and set a buy rating for the company in a report on Friday, May 26th. Goldman Sachs Group, Inc. (The) dropped their price target on Babcock International Group PLC from GBX 1,420 ($19.15) to GBX 1,360 ($18.34) and set a conviction-buy rating for the company in a report on Friday, May 26th. Finally, Deutsche Bank AG reissued a hold rating and set a GBX 1,020 ($13.75) price target on shares of Babcock International Group PLC in a report on Tuesday, May 23rd. Three analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus price target of GBX 1,139.80 ($15.37).
Shares of Babcock International Group PLC (LON:BAB) opened at 849.50 on Wednesday. The firm has a 50-day moving average price of GBX 824.69 and a 200-day moving average price of GBX 877.96. The company’s market capitalization is GBX 4.29 billion. Babcock International Group PLC has a 12 month low of GBX 794.50 and a 12 month high of GBX 1,104.00.
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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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