Babcock International Group (LON:BAB) Insider Sells £283,757.76 in Stock

Babcock International Group PLC (LON:BAB) insider David Mellors sold 24,804 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of GBX 1,144, for a total transaction of £283,757.76.

Babcock International Group Stock Down 0.0%

BAB stock opened at GBX 1,189.85 on Friday. The firm has a market cap of £5.86 billion, a PE ratio of 28.81, a P/E/G ratio of 1.35 and a beta of 0.89. The company has a debt-to-equity ratio of 178.86, a quick ratio of 0.76 and a current ratio of 0.80. The firm’s fifty day moving average is GBX 1,055.31 and its 200 day moving average is GBX 1,194.44. Babcock International Group PLC has a one year low of GBX 902.40 and a one year high of GBX 1,527.

Babcock International Group (LON:BAB) last released its quarterly earnings data on Monday, June 22nd. The company reported GBX 42.10 earnings per share for the quarter. Babcock International Group had a net margin of 4.08% and a return on equity of 31.57%. The company had revenue of GBX 517.77 billion during the quarter. On average, research analysts forecast that Babcock International Group PLC will post 41.4298019 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Citigroup increased their price target on Babcock International Group from £155.40 to £155.60 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Royal Bank Of Canada cut their price objective on Babcock International Group from GBX 1,400 to GBX 1,390 and set an “outperform” rating for the company in a research report on Monday, July 20th. JPMorgan Chase & Co. reduced their target price on Babcock International Group from GBX 1,700 to GBX 1,500 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Berenberg Bank decreased their target price on Babcock International Group from GBX 1,675 to GBX 1,430 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,400 price target on shares of Babcock International Group in a research note on Wednesday, July 1st. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Babcock International Group has an average rating of “Buy” and a consensus price target of GBX 4,256.

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. 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.