Babcock International Group Stock Rating Reaffirmed by Westhouse Securities (BAB)
Babcock International Group (LON:BAB)‘s stock had its “add” rating restated by equities research analysts at Westhouse Securities in a research note issued to investors on Monday, Analyst Ratings Network reports. They currently have a GBX 1,371 ($22.12) price objective on the stock. Westhouse Securities’ target price suggests a potential upside of 14.08% from the stock’s previous close.
BAB has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Babcock International Group (LON:BAB) in a research note to investors on Monday. They now have a GBX 1,380 ($22.27) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Babcock International Group (LON:BAB) in a research note to investors on Monday. They now have a GBX 1,250 ($20.17) price target on the stock. Finally, analysts at Goldman Sachs Group Inc. raised their price target on shares of Babcock International Group (LON:BAB) from GBX 1,081 ($17.44) to GBX 1,371 ($22.12) in a research note to investors on Friday. They now have a “neutral” rating on the stock. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Babcock International Group currently has a consensus rating of “Buy” and an average price target of GBX 1,270.33 ($20.50).
Shares of Babcock International Group (LON:BAB) opened at 1192.80 on Monday. Babcock International Group has a one year low of GBX 918.9999 and a one year high of GBX 1225.00. The stock’s 50-day moving average is GBX 1170. and its 200-day moving average is GBX 1128.. The company’s market cap is £4.283 billion.
Babcock International Group PLC is an engineering support services Company. The Company’s segments include Marine and Technology, Defence and Security, Support Services, and International.
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