Babcock International Group - BAB Share Forecast, Price & News

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, data and information, and cyber security and intelligence services, as well as naval platforms, and facilities and infrastructure; and designs, manufactures, and provides through-life support for mechanical and electrical systems and equipment. The company also offers naval architecture, systems engineering, design support, and project management services; submarines and complex engineering services in support of various decommissioning programs and projects, training and operation support, new build program management, and design and installation; critical vehicle fleet management, and equipment support and training services for military and civil customers; and designs, assesses, manufactures, installs, maintains and decommissions vehicles for police, fire and ambulance, civil service, military, and other security-focused organizations. In addition, it provides plain line track renewal services; engineering services for track projects, electrification and power, signaling, telecommunications, and on-track plants; and delivers and refurbishes high voltage power lines. Further, the company offers critical engineering services to defense and civil customers, including pilot training, equipment support, and airbase management, as well as operates aviation fleets that provide delivering emergency and offshore services. Babcock International Group PLC was founded in 1891 and is headquartered in London, the United Kingdom.

Babcock International Group Stock Down 3.1 %

LON:BAB traded down GBX 10.60 ($0.13) during trading hours on Friday, hitting GBX 329.60 ($3.98). 406,420 shares of the company were exchanged, compared to its average volume of 846,180. The company has a 50 day moving average of GBX 332.42 and a two-hundred day moving average of GBX 323.80. The company has a quick ratio of 0.77, a current ratio of 0.86 and a debt-to-equity ratio of 305.80. The firm has a market cap of £1.67 billion and a price-to-earnings ratio of 998.79. Babcock International Group has a 52-week low of GBX 290 ($3.50) and a 52-week high of GBX 388.47 ($4.69).

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on BAB shares. JPMorgan Chase & Co. reissued an "overweight" rating and issued a GBX 480 ($5.80) price objective on shares of Babcock International Group in a report on Friday, May 20th. Morgan Stanley restated an "overweight" rating on shares of Babcock International Group in a research note on Wednesday, May 11th. Finally, Shore Capital reaffirmed a "hold" rating on shares of Babcock International Group in a research note on Thursday, July 28th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of GBX 393.75 ($4.76).