Babcock International Group PLC (LON:BAB – Get Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 447.89 ($5.53) and traded as high as GBX 520 ($6.42). Babcock International Group shares last traded at GBX 510.50 ($6.31), with a volume of 535,959 shares changing hands.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 510 ($6.30) target price on shares of Babcock International Group in a research note on Thursday, February 8th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of GBX 526.80 ($6.51).
Read Our Latest Research Report on BAB
Babcock International Group Stock Down 1.2 %
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.
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