Babcock International Group PLC (LON:BAB) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Analyst consensus: Six brokerages give Babcock an average rating of "Moderate Buy" (five buys, one hold) with an average 1-year target of GBX 1,574.80.
• Recent broker moves: Several firms raised targets this month — Jefferies and Berenberg to GBX 1,670 and JPMorgan to GBX 1,700 — while Citigroup cut to neutral but lifted its target to GBX 1,554.
• Market/financials: Shares slid 4.6% to GBX 1,170, below the 50-day moving average, with a market cap of £5.83bn and a high debt-to-equity ratio (147.82) and sub-1 current/quick ratios.

Babcock International Group PLC (LON:BAB - Get Free Report) has been assigned an average rating of "Moderate Buy" from the six research firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is GBX 1,574.80.

BAB has been the subject of several research analyst reports. Berenberg Bank reiterated a "buy" rating and issued a GBX 1,670 price objective on shares of Babcock International Group in a report on Friday, January 23rd. Jefferies Financial Group upped their target price on Babcock International Group from GBX 1,400 to GBX 1,670 and gave the company a "buy" rating in a report on Monday, January 26th. JPMorgan Chase & Co. raised their price target on Babcock International Group from GBX 1,600 to GBX 1,700 and gave the stock an "overweight" rating in a research note on Monday, January 26th. Finally, Citigroup cut shares of Babcock International Group to a "neutral" rating and lifted their price target for the company from GBX 1,338 to GBX 1,554 in a report on Thursday, February 5th.

Babcock International Group Trading Down 4.6%

LON BAB traded down GBX 56.16 during trading on Friday, hitting GBX 1,170. 1,718,716 shares of the company's stock traded hands, compared to its average volume of 10,693,906. The firm has a market cap of £5.83 billion, a P/E ratio of 20.97, a PEG ratio of 1.35 and a beta of 0.94. The stock has a fifty day moving average of GBX 1,387.77 and a two-hundred day moving average of GBX 1,281.02. The company has a debt-to-equity ratio of 147.82, a current ratio of 0.82 and a quick ratio of 0.76. Babcock International Group has a 12-month low of GBX 600.94 and a 12-month high of GBX 1,527.

About Babcock International Group

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. It designs, procures, operates, and manages critical utility and process equipment; offers asset management, defense and maritime training, information and intelligence, equipment and system, and facilities and infrastructure services, as well as naval platforms; and designs, manufactures, and provides through-life support for mechanical and electrical systems and equipment.

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