Babcock International Group PLC (LON:BAB - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 738.89 ($10.09) and traded as high as GBX 1,087 ($14.84). Babcock International Group shares last traded at GBX 1,086 ($14.83), with a volume of 1,374,238 shares trading hands.
Analyst Upgrades and Downgrades
BAB has been the topic of a number of analyst reports. Berenberg Bank upped their price target on Babcock International Group from GBX 910 ($12.42) to GBX 1,350 ($18.43) and gave the company a "buy" rating in a research report on Thursday, June 26th. Shore Capital reiterated a "buy" rating on shares of Babcock International Group in a research report on Thursday, May 29th.
Read Our Latest Analysis on Babcock International Group
Babcock International Group Stock Up 1.5%
The business has a 50-day simple moving average of GBX 960.82 and a two-hundred day simple moving average of GBX 738.89. The stock has a market capitalization of £5.45 billion, a P/E ratio of 32.86, a PEG ratio of 1.35 and a beta of 1.28. The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 256.62.
Babcock International Group (LON:BAB - Get Free Report) last announced its quarterly earnings results on Wednesday, June 25th. The company reported GBX 50.30 ($0.69) earnings per share for the quarter. Babcock International Group had a return on equity of 44.68% and a net margin of 3.77%. Equities research analysts forecast that Babcock International Group PLC will post 41.4298019 earnings per share for the current fiscal year.
About Babcock International Group
(
Get Free Report)
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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