Babcock International Group (LON:BAB) Receives Outperform Rating from Royal Bank Of Canada

Key Points

• Babcock International Group's stock has received an "outperform" rating from Royal Bank of Canada, with a target price of GBX 1,200, indicating a potential upside of 9.69%.
• Other analysts, including Berenberg Bank and Shore Capital, have also rated the stock as a "buy," with a consensus rating of "buy" and an average price target of GBX 1,153.33.
• Recent insider trades included significant sales by executives, with a total of 469,739 shares sold over the last 90 days.

Royal Bank Of Canada reaffirmed their outperform rating on shares of Babcock International Group (LON:BAB - Free Report) in a research report sent to investors on Monday, Marketbeat reports. The brokerage currently has a GBX 1,200 price objective on the stock.

Several other brokerages also recently issued reports on BAB. Shore Capital reiterated a "buy" rating on shares of Babcock International Group in a research report on Thursday, May 29th. Berenberg Bank upped their price target on shares of Babcock International Group from GBX 1,350 to GBX 1,360 and gave the stock a "buy" rating in a research report on Friday, September 5th. Four equities 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 an average target price of GBX 1,153.33.

Babcock International Group Price Performance

Shares of BAB traded up GBX 27 during trading hours on Monday, hitting GBX 1,157. The stock had a trading volume of 1,865,793 shares, compared to its average volume of 5,112,254. The company's fifty day moving average is GBX 1,038.53 and its two-hundred day moving average is GBX 917.12. The company has a debt-to-equity ratio of 256.62, a current ratio of 0.86 and a quick ratio of 0.76. Babcock International Group has a 52 week low of GBX 455.40 and a 52 week high of GBX 1,177. The stock has a market capitalization of £5.81 billion, a price-to-earnings ratio of 2,410.42, a P/E/G ratio of 1.35 and a beta of 1.28.

Babcock International Group (LON:BAB - Get Free Report) last posted its earnings results on Wednesday, June 25th. The company reported GBX 50.30 earnings per share for the quarter. Babcock International Group had a net margin of 3.77% and a return on equity of 44.68%. On average, analysts anticipate that Babcock International Group will post 41.4298019 EPS for the current year.

Insider Transactions at Babcock International Group

In other Babcock International Group news, insider David Mellors sold 156,485 shares of the company's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of GBX 1,008, for a total transaction of £1,577,368.80. Also, insider David Lockwood sold 223,546 shares of the company's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of GBX 1,008, for a total transaction of £2,253,343.68. Over the last 90 days, insiders have sold 469,739 shares of company stock worth $473,496,912. Corporate insiders own 1.09% of the company's stock.

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.