Babcock International Group (LON:BAB) Trading Up 10.9% - What's Next?

Babcock International Group PLC (LON:BAB - Get Free Report) shares were up 10.9% on Wednesday . The stock traded as high as GBX 1,177 ($16.08) and last traded at GBX 1,145.61 ($15.65). 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 ($14.11).

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on BAB shares. JPMorgan Chase & Co. increased their price target on Babcock International Group from GBX 760 ($10.38) to GBX 900 ($12.30) and gave the stock an "overweight" rating in a research report on Monday, March 3rd. Berenberg Bank reaffirmed a "buy" rating and set a GBX 910 ($12.43) price target on shares of Babcock International Group in a research report on Wednesday, May 21st. Finally, Shore Capital reaffirmed 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 current ratio of 0.86, a quick ratio of 0.76 and a debt-to-equity ratio of 256.62. The stock has a market capitalization of £5.75 billion, a price-to-earnings ratio of 34.67, a PEG ratio of 1.35 and a beta of 1.28. The stock has a 50-day moving average price of GBX 917.67 and a 200 day moving average price of GBX 713.34.

Babcock International Group (LON:BAB - Get Free Report) last posted its earnings results on Wednesday, June 25th. The company reported GBX 50.30 ($0.69) EPS for the quarter. Babcock International Group had a return on equity of 44.68% and a net margin of 3.77%. As a group, equities research analysts expect that Babcock International Group PLC will post 41.4298019 earnings per share for the current 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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