Shares of Babcock International Group PLC (LON:BAB - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 691.84 ($9.30) and traded as high as GBX 1,056 ($14.20). Babcock International Group shares last traded at GBX 1,051 ($14.13), with a volume of 1,731,842 shares trading hands.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the company. Shore Capital reissued a "buy" rating on shares of Babcock International Group in a report on Thursday, May 29th. Berenberg Bank reissued a "buy" rating and issued a GBX 910 ($12.24) price objective on shares of Babcock International Group in a report on Wednesday, May 21st. Finally, JPMorgan Chase & Co. increased their price objective on Babcock International Group from GBX 760 ($10.22) to GBX 900 ($12.10) and gave the company an "overweight" rating in a report on Monday, March 3rd.
View Our Latest Analysis on BAB
Babcock International Group Price Performance
The firm has a market capitalization of £5.29 billion, a price-to-earnings ratio of 31.89, a P/E/G ratio of 1.35 and a beta of 1.28. The company has a fifty day moving average price of GBX 896.51 and a two-hundred day moving average price of GBX 701.81. 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 Company Profile
(
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.
Further Reading
Before you consider Babcock International Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Babcock International Group wasn't on the list.
While Babcock International Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
