Babcock International Group PLC (LON:BAB - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 611.98 ($8.14) and traded as high as GBX 836 ($11.13). Babcock International Group shares last traded at GBX 824 ($10.97), with a volume of 1,610,165 shares changing hands.
Analyst Ratings Changes
Several research firms have recently commented on BAB. JPMorgan Chase & Co. increased their price target on shares of Babcock International Group from GBX 760 ($10.11) to GBX 900 ($11.98) and gave the company an "overweight" rating in a research note on Monday, March 3rd. Shore Capital restated a "buy" rating on shares of Babcock International Group in a report on Wednesday, April 23rd. Finally, Berenberg Bank restated a "buy" rating and issued a GBX 885 ($11.78) price objective on shares of Babcock International Group in a report on Wednesday, April 23rd.
Check Out Our Latest Analysis on Babcock International Group
Babcock International Group Price Performance
The company's fifty day moving average is GBX 751.91 and its two-hundred day moving average is GBX 611.98. The firm has a market capitalization of £4.16 billion, a price-to-earnings ratio of 25.12, a price-to-earnings-growth 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.
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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