Babcock International Group PLC (LON:BAB) Given Consensus Rating of “Moderate Buy” by Analysts

Babcock International Group PLC (LON:BAB) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 1,574.80.

A number of research firms have recently commented on BAB. Citigroup cut Babcock International Group to a “neutral” rating and increased their target price for the stock from GBX 1,338 to GBX 1,554 in a research note on Thursday, February 5th. Jefferies Financial Group upped their price target on shares of Babcock International Group from GBX 1,400 to GBX 1,670 and gave the stock a “buy” rating in a research note on Monday, January 26th. Berenberg Bank reissued a “buy” rating and set a GBX 1,670 price objective on shares of Babcock International Group in a research report on Friday, January 23rd. Finally, JPMorgan Chase & Co. raised their price objective on shares of Babcock International Group from GBX 1,600 to GBX 1,700 and gave the company an “overweight” rating in a research note on Monday, January 26th.

Babcock International Group Stock Down 4.6%

BAB stock traded down GBX 56.16 on Friday, reaching GBX 1,170. 1,718,716 shares of the company traded hands, compared to its average volume of 10,693,906. The firm has a fifty day simple moving average of GBX 1,387.77 and a 200-day simple moving average of GBX 1,281.02. The company has a market cap of £5.83 billion, a P/E ratio of 20.97, a price-to-earnings-growth ratio of 1.35 and a beta of 0.94. Babcock International Group has a one year low of GBX 600.94 and a one year high of GBX 1,527. The company has a debt-to-equity ratio of 147.82, a current ratio of 0.82 and a quick ratio of 0.76.

Babcock International Group Company Profile

Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation. It designs, procures, operates, and manages critical utility and process equipment; offers asset management, defense and maritime training, information and intelligence, equipment and system, and facilities and infrastructure services, as well as naval platforms; and designs, manufactures, and provides through-life support for mechanical and electrical systems and equipment.