The Goldman Sachs Group Upgrades Babcock International Group (OTCMKTS:BCKIY) to “Hold”

Babcock International Group (OTCMKTS:BCKIY) was upgraded by investment analysts at The Goldman Sachs Group to a “hold” rating in a research report issued to clients and investors on Thursday, Zacks reports.

Separately, Barclays upgraded shares of Babcock International Group to a “strong-buy” rating in a research note on Monday, August 10th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Babcock International Group has a consensus rating of “Buy”.

Babcock International Group Price Performance

OTCMKTS:BCKIY opened at $12.21 on Thursday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.71 and a current ratio of 0.80. The business has a fifty day moving average price of $14.15 and a 200-day moving average price of $14.56. Babcock International Group has a one year low of $11.97 and a one year high of $21.15.

About Babcock International Group

Babcock International Group plc is a United Kingdom-based engineering and support-services company that provides critical infrastructure, asset management and operational support for governments and commercial customers. Its activities span aerospace, defense, nuclear services, marine operations and emergency services, with a focus on managing complex, long-life assets and mission-critical programs.

The company supports naval fleets and submarines, military aircraft and land systems, and provides training, equipment maintenance, engineering and logistics services.