Babcock International Group PLC (LON:BAB - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 793.50 ($10.55) and last traded at GBX 768 ($10.21), with a volume of 10373833 shares trading hands. The stock had previously closed at GBX 748.50 ($9.95).
Analyst Upgrades and Downgrades
Several brokerages have commented on BAB. Shore Capital reiterated a "buy" rating on shares of Babcock International Group in a research note on Wednesday, April 23rd. JPMorgan Chase & Co. raised their price target on Babcock International Group from GBX 760 ($10.11) to GBX 900 ($11.97) and gave the company an "overweight" rating in a report on Monday, March 3rd. Finally, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 885 ($11.77) price objective on shares of Babcock International Group in a research note on Wednesday, April 23rd. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of GBX 767.50 ($10.21).
Check Out Our Latest Report on BAB
Babcock International Group Trading Down 0.3 %
The stock has a fifty day moving average price of GBX 714.13 and a 200 day moving average price of GBX 582.52. The stock has a market cap of £4.03 billion, a PE ratio of 24.33, a PEG ratio of 1.35 and a beta of 1.28. The company has a debt-to-equity ratio of 256.62, a quick ratio of 0.76 and a current ratio of 0.86.
About Babcock International Group
(
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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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