Berenberg Bank downgraded shares of Babcock International Group (LON:BAB – Free Report) to a hold rating in a research note published on Wednesday, Marketbeat.com reports. The firm currently has GBX 565 ($7.33) price objective on the stock, up from their previous price objective of GBX 510 ($6.61).
Other equities research analysts also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft reiterated a buy rating and issued a GBX 625 ($8.11) price objective on shares of Babcock International Group in a report on Tuesday, May 7th. Shore Capital reissued a buy rating on shares of Babcock International Group in a research note on Wednesday. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Babcock International Group has an average rating of Moderate Buy and an average target price of GBX 570.80 ($7.40).
Get Our Latest Report on Babcock International Group
Babcock International Group Trading Down 3.2 %
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.
Read More
- Five stocks we like better than Babcock International Group
- What is the Euro STOXX 50 Index?
- Why This AI Stock is Rising Despite Tech Sell-Off
- What is Short Interest? How to Use It
- Investors Are Moving into Bonds and Small Cap Stocks: Here’s Why
- What is a Special Dividend?
- MarketBeat Week in Review – 7/15 – 7/19
Receive News & Ratings for Babcock International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Babcock International Group and related companies with MarketBeat.com's FREE daily email newsletter.