Babcock International Group PLC (LON:BAB - Get Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as GBX 883.50 ($11.83) and last traded at GBX 878.20 ($11.76), with a volume of 3299775 shares trading hands. The stock had previously closed at GBX 860 ($11.52).
Analyst Upgrades and Downgrades
BAB has been the topic of several research analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Babcock International Group from GBX 760 ($10.18) to GBX 900 ($12.05) and gave the company an "overweight" rating in a research report on Monday, March 3rd. Shore Capital reissued a "buy" rating on shares of Babcock International Group in a research report on Wednesday, April 23rd. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 885 ($11.85) price objective on shares of Babcock International Group in a research report on Wednesday, April 23rd.
Check Out Our Latest Stock Analysis on Babcock International Group
Babcock International Group Trading Up 2.7%
The firm has a market capitalization of £4.43 billion, a P/E ratio of 26.72, a price-to-earnings-growth ratio of 1.35 and a beta of 1.28. The business's 50-day moving average is GBX 765.43 and its 200 day moving average is GBX 624.93. The company has a debt-to-equity ratio of 256.62, a current ratio of 0.86 and a quick ratio of 0.76.
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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