Babcock International Group (LON:BAB)‘s stock had its “hold” rating reaffirmed by Peel Hunt in a research report issued to clients and investors on Monday. They currently have a GBX 760 ($9.93) price objective on the stock. Peel Hunt’s price objective indicates a potential upside of 27.90% from the company’s previous close.

BAB has been the topic of a number of other research reports. Shore Capital restated a “buy” rating on shares of Babcock International Group in a research report on Monday, October 8th. Liberum Capital restated a “buy” rating on shares of Babcock International Group in a research report on Wednesday, October 10th. JPMorgan Chase & Co. decreased their price objective on shares of Babcock International Group from GBX 1,365 ($17.84) to GBX 998 ($13.04) and set an “overweight” rating on the stock in a research report on Thursday, October 11th. Jefferies Financial Group decreased their price objective on shares of Babcock International Group from GBX 1,260 ($16.46) to GBX 950 ($12.41) and set a “buy” rating on the stock in a research report on Monday, August 6th. Finally, Royal Bank of Canada cut shares of Babcock International Group to a “sector perform” rating and decreased their price objective for the company from GBX 1,000 ($13.07) to GBX 700 ($9.15) in a research report on Monday, November 5th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 842.92 ($11.01).

BAB stock opened at GBX 594.20 ($7.76) on Monday. Babcock International Group has a 12-month low of GBX 604 ($7.89) and a 12-month high of GBX 1,030 ($13.46).

About Babcock International Group

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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