Babcock International Group PLC (LON:BAB) has been assigned a consensus rating of “Buy” from the twelve research firms that are currently covering the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 1,133 ($14.07).
A number of research firms have recently weighed in on BAB. Liberum Capital reissued a “buy” rating and issued a GBX 960 ($11.92) target price on shares of Babcock International Group PLC in a research note on Monday, March 27th. BNP Paribas reissued a “neutral” rating and issued a GBX 1,020 ($12.67) target price on shares of Babcock International Group PLC in a research note on Monday, February 27th. Shore Capital reissued a “buy” rating on shares of Babcock International Group PLC in a research note on Monday, April 3rd. Goldman Sachs Group Inc reissued a “conviction-buy” rating and issued a GBX 1,420 ($17.63) target price on shares of Babcock International Group PLC in a research note on Wednesday, December 21st. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 1,085 ($13.47) target price on shares of Babcock International Group PLC in a research note on Tuesday, February 28th.
Babcock International Group PLC (LON:BAB) traded up 0.23% on Monday, hitting GBX 885.50. The stock had a trading volume of 1,307,407 shares. The company’s market cap is GBX 4.47 billion. The stock has a 50 day moving average price of GBX 898.72 and a 200 day moving average price of GBX 942.09. Babcock International Group PLC has a 1-year low of GBX 780.00 and a 1-year high of GBX 1,112.00.
In other Babcock International Group PLC news, insider Archie Bethel purchased 1,585 shares of Babcock International Group PLC stock in a transaction that occurred on Monday, March 27th. The shares were bought at an average price of GBX 883 ($10.96) per share, for a total transaction of £13,995.55 ($17,379.30).
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About Babcock International Group PLC
Babcock International Group PLC is a holding company. The Company is an engineering support services company. The Company offers support to the defense, energy, emergency services, transport and education sectors. Its segments include Marine and Technology, Defence and Security, Support Services and International.
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