Babcock International Group (LON:BAB) Trading 10.9% Higher - Should You Buy?

Babcock International Group PLC (LON:BAB - Get Free Report)'s stock price rose 10.9% on Wednesday . The company traded as high as GBX 1,177 ($16.08) and last traded at GBX 1,145.61 ($15.65). Approximately 5,317,567 shares traded hands 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 ($14.11).

Analyst Upgrades and Downgrades

Several research analysts have issued reports on BAB shares. Berenberg Bank reissued a "buy" rating and set a GBX 910 ($12.43) price objective on shares of Babcock International Group in a research report on Wednesday, May 21st. JPMorgan Chase & Co. increased their target price on shares of Babcock International Group from GBX 760 ($10.38) to GBX 900 ($12.30) and gave the stock an "overweight" rating in a research note on Monday, March 3rd. Finally, Shore Capital restated a "buy" rating on shares of Babcock International Group in a research report on Thursday, May 29th.

Babcock International Group Price Performance

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 company has a 50 day moving average price of GBX 917.67 and a 200 day moving average price of GBX 713.34. The firm has a market cap of £5.75 billion, a PE ratio of 34.67, a PEG ratio of 1.35 and a beta of 1.28.

Babcock International Group (LON:BAB - Get Free Report) last announced 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%. Sell-side analysts expect that Babcock International Group PLC will post 41.4298019 EPS for the current fiscal year.

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.

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