Babcock International Group (LON:BAB) Receives Buy Rating from Shore Capital

Shore Capital reissued their buy rating on shares of Babcock International Group (LON:BAB) in a research report sent to investors on Wednesday morning, Marketbeat reports.

Separately, Deutsche Bank Aktiengesellschaft restated a buy rating and set a GBX 625 ($8.11) price target on shares of Babcock International Group in a report on Tuesday, May 7th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of Moderate Buy and a consensus target price of GBX 570.80 ($7.40).

Babcock International Group Stock Performance

LON:BAB opened at GBX 495.60 ($6.43) on Wednesday. The stock’s fifty day moving average is GBX 534.84 and its 200 day moving average is GBX 504.75. Babcock International Group has a fifty-two week low of GBX 306.60 ($3.98) and a fifty-two week high of GBX 575 ($7.46). The firm has a market capitalization of £2.51 billion, a PE ratio of 8,260.00, a PEG ratio of 1.35 and a beta of 1.27. The company has a debt-to-equity ratio of 258.85, a quick ratio of 0.76 and a current ratio of 0.89.

About Babcock International Group

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.