Babcock International Group (LON:BAB) Stock Passes Above 200-Day Moving Average - Time to Sell?

Babcock International Group PLC (LON:BAB - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 611.98 ($8.17) and traded as high as GBX 836 ($11.17). Babcock International Group shares last traded at GBX 824 ($11.01), with a volume of 1,610,165 shares.

Wall Street Analyst Weigh In

Several equities research analysts have commented on BAB shares. Shore Capital reissued a "buy" rating on shares of Babcock International Group in a report on Wednesday, April 23rd. JPMorgan Chase & Co. boosted their target price on Babcock International Group from GBX 760 ($10.15) to GBX 900 ($12.02) and gave the stock an "overweight" rating in a report on Monday, March 3rd. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 885 ($11.82) target price on shares of Babcock International Group in a report on Wednesday, April 23rd.

Babcock International Group Stock Up 0.9%

The company has a 50 day moving average price of GBX 762.70 and a two-hundred day moving average price of GBX 622.20. 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 £4.29 billion, a PE ratio of 25.90, a PEG ratio of 1.35 and a beta of 1.28.

Babcock International Group Company Profile

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.