Shares of Babcock International Group PLC (LON:BAB - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 880.50 ($11.70) and last traded at GBX 845.64 ($11.24), with a volume of 6828835 shares. The stock had previously closed at GBX 842 ($11.19).
Analyst Ratings Changes
BAB has been the topic of a number of research analyst reports. Shore Capital reiterated a "buy" rating on shares of Babcock International Group in a report on Wednesday, April 23rd. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 885 ($11.76) price objective on shares of Babcock International Group in a research note on Wednesday, April 23rd. Finally, JPMorgan Chase & Co. boosted their target price on Babcock International Group from GBX 760 ($10.10) to GBX 900 ($11.96) and gave the stock an "overweight" rating in a report on Monday, March 3rd. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Babcock International Group currently has a consensus rating of "Buy" and a consensus price target of GBX 767.50 ($10.20).
Get Our Latest Research Report on BAB
Babcock International Group Stock Performance
The stock has a 50 day simple moving average of GBX 734.49 and a 200 day simple moving average of GBX 596.72. The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 256.62. The company has a market cap of £4.25 billion, a price-to-earnings ratio of 25.62, a PEG ratio of 1.35 and a beta of 1.28.
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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