Babcock International Group (LON:BAB) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Shares briefly climbed above their 200‑day moving average (200‑day MA GBX 1,287.23), trading as high as GBX 1,304.50 intraday before last trading around GBX 1,285 on volume of about 3.9 million shares.
• Analysts have a consensus Buy rating (six Buy ratings) with an average price target of GBX 1,574.80 after recent upgrades and raised targets from Citi, JPMorgan, Jefferies and Berenberg.
• Fundamentals show a market cap of £6.34 billion and a P/E of 23.03, but the company carries high leverage (debt-to-equity 147.82) and weak liquidity (current ratio 0.82), which are potential risks for investors.

Shares of Babcock International Group PLC (LON:BAB - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,287.23 and traded as high as GBX 1,304.50. Babcock International Group shares last traded at GBX 1,285, with a volume of 3,907,059 shares trading hands.

Analyst Ratings Changes

BAB has been the topic of several recent research reports. Berenberg Bank reiterated a "buy" rating and issued a GBX 1,670 price target on shares of Babcock International Group in a research note on Friday, January 23rd. Citigroup upgraded shares of Babcock International Group to a "buy" rating and set a GBX 1,554 price target on the stock in a research note on Wednesday, April 1st. JPMorgan Chase & Co. lifted their price target on shares of Babcock International Group from GBX 1,600 to GBX 1,700 and gave the company an "overweight" rating in a research note on Monday, January 26th. Finally, Jefferies Financial Group lifted their price target on shares of Babcock International Group from GBX 1,400 to GBX 1,670 and gave the company a "buy" rating in a research note on Monday, January 26th. Six analysts have rated the stock with a Buy rating, According to MarketBeat, Babcock International Group presently has a consensus rating of "Buy" and an average target price of GBX 1,574.80.

Babcock International Group Stock Performance

The company has a debt-to-equity ratio of 147.82, a quick ratio of 0.76 and a current ratio of 0.82. The business's 50-day moving average price is GBX 1,343.73 and its 200 day moving average price is GBX 1,287.23. The company has a market cap of £6.34 billion, a P/E ratio of 23.03, a P/E/G ratio of 1.35 and a beta of 1.01.

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. It designs, procures, operates, and manages critical utility and process equipment; offers asset management, defense and maritime training, information and intelligence, equipment and system, and facilities and infrastructure services, as well as naval platforms; and designs, manufactures, and provides through-life support for mechanical and electrical systems and equipment.

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