Babcock International Group PLC (LON:BAB - Get Free Report)'s stock price rose 10.9% on Wednesday . The stock traded as high as GBX 1,177 ($16.15) and last traded at GBX 1,145.61 ($15.72). Approximately 5,317,567 shares were traded during trading, a decline of 2% from the average daily volume of 5,408,804 shares. The stock had previously closed at GBX 1,033 ($14.18).
Analysts Set New Price Targets
BAB has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Babcock International Group from GBX 760 ($10.43) to GBX 900 ($12.35) and gave the stock an "overweight" rating in a research report on Monday, March 3rd. Berenberg Bank boosted their target price on shares of Babcock International Group from GBX 910 ($12.49) to GBX 1,350 ($18.53) and gave the company a "buy" rating in a research note on Thursday. Finally, Shore Capital restated a "buy" rating on shares of Babcock International Group in a research report on Thursday, May 29th.
View Our Latest Analysis on BAB
Babcock International Group Price Performance
The firm has a market cap of £5.68 billion, a PE ratio of 34.24, a price-to-earnings-growth ratio of 1.35 and a beta of 1.28. The stock's fifty day moving average price is GBX 933.82 and its 200-day moving average price is GBX 722.27. The company has a debt-to-equity ratio of 256.62, a current ratio of 0.86 and a quick ratio of 0.76.
Babcock International Group (LON:BAB - Get Free Report) last released its quarterly earnings data on Wednesday, June 25th. The company reported GBX 50.30 ($0.69) 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%. As a group, equities analysts expect that Babcock International Group PLC will post 41.4298019 EPS for the current fiscal year.
Babcock International Group Company Profile
(
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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