Babcock International Group PLC (LON:BAB - Get Free Report) shares traded up 10.9% on Wednesday . The company traded as high as GBX 1,177 ($16.15) and last traded at GBX 1,145.61 ($15.72). 5,317,567 shares traded hands during trading, a decline of 2% from the average session volume of 5,408,804 shares. The stock had previously closed at GBX 1,033 ($14.18).
Wall Street Analyst Weigh In
BAB has been the topic of several recent analyst reports. Berenberg Bank boosted their target price on Babcock International Group from GBX 910 ($12.49) to GBX 1,350 ($18.53) and gave the stock a "buy" rating in a report on Thursday. JPMorgan Chase & Co. boosted their target price on Babcock International Group from GBX 760 ($10.43) to GBX 900 ($12.35) and gave the stock an "overweight" rating in a report on Monday, March 3rd. Finally, Shore Capital reissued a "buy" rating on shares of Babcock International Group in a report on Thursday, May 29th.
Get Our Latest Stock Analysis on Babcock International Group
Babcock International Group Stock Performance
The stock has a market cap of £5.68 billion, a price-to-earnings ratio of 34.24, a price-to-earnings-growth ratio of 1.35 and a beta of 1.28. The company's 50-day simple moving average is GBX 933.82 and its 200-day simple moving average is GBX 722.27. 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 issued its earnings results on Wednesday, June 25th. The company reported GBX 50.30 ($0.69) earnings per share (EPS) for the quarter. Babcock International Group had a return on equity of 44.68% and a net margin of 3.77%. Analysts predict that Babcock International Group PLC will post 41.4298019 EPS 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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