Babcock International Group PLC (LON:BAB - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 changing hands.
Analysts Set New Price Targets
BAB has been the topic of several analyst reports. JPMorgan Chase & Co. increased their target price on Babcock International Group from GBX 760 ($10.22) to GBX 900 ($12.10) and gave the company an "overweight" rating in a research note on Monday, March 3rd. Berenberg Bank reissued a "buy" rating and issued a GBX 910 ($12.24) target price on shares of Babcock International Group in a research note on Wednesday, May 21st. Finally, Shore Capital reissued a "buy" rating on shares of Babcock International Group in a research note on Thursday, May 29th.
Check Out Our Latest Stock Analysis on Babcock International Group
Babcock International Group Stock Down 0.6%
The firm has a 50 day simple moving average of GBX 896.51 and a two-hundred day simple moving average of GBX 703.03. The company has a debt-to-equity ratio of 256.62, a current ratio of 0.86 and a quick ratio of 0.76. The stock has a market cap of £5.29 billion, a price-to-earnings ratio of 31.89, a price-to-earnings-growth ratio of 1.35 and a beta of 1.28.
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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