Babcock International Group’s “Hold” Rating Reaffirmed at Liberum Capital (BAB)
Babcock International Group (LON:BAB)‘s stock had its “hold” rating reiterated by analysts at Liberum Capital in a research report issued to clients and investors on Friday, Stock Ratings Network.com reports.
Babcock International Group (LON:BAB) traded up 2.29% during mid-day trading on Friday, hitting GBX 1207.00. 764,726 shares of the company’s stock traded hands. Babcock International Group has a 1-year low of GBX 935.9999 and a 1-year high of GBX 1226.00. 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 £4.333 billion.
A number of other firms have also recently commented on BAB. Analysts at Seymour Pierce reiterated a “buy” rating on shares of Babcock International Group in a research note to investors on Wednesday, October 2nd. They now have a GBX 1,300 ($20.75) price target on the stock. Separately, analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of Babcock International Group in a research note to investors on Wednesday, October 2nd. They now have a GBX 1,300 ($20.75) price target on the stock. Finally, analysts at Westhouse Securities reiterated an “add” rating on shares of Babcock International Group in a research note to investors on Monday, September 30th. They now have a GBX 1,371 ($21.89) price target on the stock. Eight research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of GBX 1,291.17 ($20.61).
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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