Babcock International Group (OTCMKTS:BCKIY) Rating Increased to Strong-Buy at Barclays

Babcock International Group (OTCMKTS:BCKIY) was upgraded by Barclays to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Babcock International Group Price Performance

BCKIY stock opened at $16.41 on Monday. The company has a quick ratio of 0.71, a current ratio of 0.80 and a debt-to-equity ratio of 1.16. Babcock International Group has a one year low of $12.15 and a one year high of $21.15. The company has a 50 day moving average price of $14.26 and a two-hundred day moving average price of $16.07.

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.