Babcock International Group PLC (LON:BAB - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 738.89 ($10.06) and traded as high as GBX 1,087 ($14.80). Babcock International Group shares last traded at GBX 1,086 ($14.78), with a volume of 1,374,238 shares traded.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the stock. Shore Capital reiterated a "buy" rating on shares of Babcock International Group in a research report on Thursday, May 29th. Berenberg Bank increased their price objective on shares of Babcock International Group from GBX 910 ($12.39) to GBX 1,350 ($18.37) and gave the company a "buy" rating in a research note on Thursday, June 26th.
Check Out Our Latest Report on Babcock International Group
Babcock International Group Stock Performance
The firm has a market cap of £5.52 billion, a P/E ratio of 33.32, a P/E/G 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. The company's 50 day moving average is GBX 972.36 and its 200 day moving average is GBX 750.63.
Babcock International Group (LON:BAB - Get Free Report) last released its quarterly earnings results on Wednesday, June 25th. The company reported GBX 50.30 ($0.68) earnings per share (EPS) for the quarter. Babcock International Group had a net margin of 3.77% and a return on equity of 44.68%. As a group, equities analysts predict that Babcock International Group PLC will post 41.4298019 earnings per share for the current fiscal year.
Babcock International Group Company Profile
(
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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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