Babcock International Group PLC (LON:BAB - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 810.21 ($10.70) and traded as high as GBX 1,019.40 ($13.47). Babcock International Group shares last traded at GBX 1,018 ($13.45), with a volume of 6,112,796 shares changing hands.
Analysts Set New Price Targets
A number of research firms have recently weighed in on BAB. Shore Capital restated a "buy" rating on shares of Babcock International Group in a report on Thursday, May 29th. Berenberg Bank raised their price target on shares of Babcock International Group from GBX 910 ($12.02) to GBX 1,350 ($17.83) and gave the company a "buy" rating in a report on Thursday, June 26th.
Get Our Latest Research Report on Babcock International Group
Babcock International Group Stock Down 2.8%
The business's 50 day moving average is GBX 1,049.35 and its 200-day moving average is GBX 816.86. The company has a debt-to-equity ratio of 256.62, a quick ratio of 0.76 and a current ratio of 0.86. The firm has a market capitalization of £5.06 billion, a price-to-earnings ratio of 30.55, a price-to-earnings-growth ratio of 1.35 and a beta of 1.28.
Babcock International Group (LON:BAB - Get Free Report) last posted its earnings results on Wednesday, June 25th. The company reported GBX 50.30 ($0.66) earnings per share (EPS) for the quarter. Babcock International Group had a net margin of 3.77% and a return on equity of 44.68%. Equities analysts anticipate that Babcock International Group PLC will post 41.4298019 EPS for the current fiscal year.
Babcock International Group Company Profile
(
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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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