Babcock International Group (OTCMKTS:BCKIY) Upgraded at Citigroup

Babcock International Group (OTCMKTS:BCKIY) was upgraded by equities researchers at Citigroup from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Babcock International Group Stock Up 6.3%

Shares of Babcock International Group stock opened at $16.84 on Tuesday. Babcock International Group has a 1 year low of $7.97 and a 1 year high of $21.15. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.82 and a quick ratio of 0.74. The stock has a 50-day moving average price of $18.58 and a 200 day moving average price of $17.40.

About Babcock International Group

Babcock International Group plc is a leading global provider of critical, complex engineering support services. Headquartered in the United Kingdom, the company specializes in the design, construction, operation and maintenance of infrastructure and assets across defence, emergency services, transport, and energy sectors. Through a combination of technical expertise, asset management and specialist training, Babcock supports customers through the full lifecycle of their projects, from initial concept and procurement to long-term through-life support.

The company’s core activities encompass maritime and naval support, including the maintenance and refit of warships; aerospace services such as aircraft maintenance, repair and overhaul (MRO); and land-sector operations covering armoured vehicle support, munitions management and training solutions.