Babcock International Group PLC (LON:BAB - Get Free Report)'s stock price traded up 10.9% during mid-day trading on Wednesday . The company traded as high as GBX 1,177 ($16.15) and last traded at GBX 1,145.61 ($15.72). 5,317,567 shares were traded during mid-day trading, a decline of 2% from the average session volume of 5,408,804 shares. The stock had previously closed at GBX 1,033 ($14.18).
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on the company. Shore Capital reissued a "buy" rating on shares of Babcock International Group in a report on Thursday, May 29th. JPMorgan Chase & Co. lifted their price target on Babcock International Group from GBX 760 ($10.43) to GBX 900 ($12.35) and gave the company an "overweight" rating in a research note on Monday, March 3rd. Finally, Berenberg Bank lifted their price target on 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.
Read Our Latest Report on BAB
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 933.82 and a 200-day moving average price of GBX 722.27. The firm has a market capitalization of £5.68 billion, a PE ratio of 34.24, a P/E/G 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 forecast that Babcock International Group PLC will post 41.4298019 EPS for the current year.
About Babcock International Group
(
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.
Further Reading
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