Citigroup Boosts Babcock International Group (LON:BAB) Price Target to £155.60

Babcock International Group (LON:BABGet Free Report) had its price target upped by research analysts at Citigroup from £155.40 to £155.60 in a research report issued to clients and investors on Wednesday,Digital Look reports. The brokerage presently has a “buy” rating on the stock.

Several other equities research analysts have also commented on the company. JPMorgan Chase & Co. decreased their price target on Babcock International Group from GBX 1,700 to GBX 1,500 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,400 price objective on shares of Babcock International Group in a research note on Monday. Finally, Royal Bank Of Canada lifted their price objective on Babcock International Group from GBX 1,280 to GBX 1,400 and gave the stock an “outperform” rating in a report on Friday, May 15th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of GBX 4,306.

View Our Latest Analysis on Babcock International Group

Babcock International Group Stock Performance

LON:BAB opened at GBX 986.40 on Wednesday. The company has a quick ratio of 0.76, a current ratio of 0.80 and a debt-to-equity ratio of 178.86. Babcock International Group has a fifty-two week low of GBX 934.76 and a fifty-two week high of GBX 1,527. The stock has a market cap of £4.83 billion, a PE ratio of 17.68, a price-to-earnings-growth ratio of 1.35 and a beta of 0.89. The firm’s fifty day simple moving average is GBX 1,080.05 and its 200-day simple moving average is GBX 1,246.95.

Babcock International Group (LON:BABGet Free Report) last announced its quarterly earnings results on Monday, June 22nd. The company reported GBX 42.10 earnings per share (EPS) for the quarter. Babcock International Group had a net margin of 4.08% and a return on equity of 31.57%. The business had revenue of GBX 517.77 billion during the quarter. Analysts expect that Babcock International Group will post 41.4298019 earnings per share for the current fiscal year.

Babcock International Group News Roundup

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Babcock International Group Company Profile

(Get Free Report)

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. It designs, procures, operates, and manages critical utility and process equipment; offers asset management, defense and maritime training, information and intelligence, equipment and system, and facilities and infrastructure services, as well as naval platforms; and designs, manufactures, and provides through-life support for mechanical and electrical systems and equipment.

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Analyst Recommendations for Babcock International Group (LON:BAB)

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