Babcock International Group Rating Reiterated by Cantor Fitzgerald Europe (BAB)
Babcock International Group (LON:BAB)‘s stock had its “buy” rating reiterated by Cantor Fitzgerald Europe in a research note issued on Tuesday, Stock Ratings Network.com reports. They currently have a GBX 1,500 ($24.72) price objective on the stock. Cantor Fitzgerald Europe’s target price indicates a potential upside of 7.76% from the stock’s previous close.
A number of other analysts have also recently weighed in on BAB. Analysts at Liberum Capital reiterated a “sell” rating on shares of Babcock International Group in a research note to investors on Friday. They now have a GBX 1,200 ($19.78) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Babcock International Group in a research note to investors on Tuesday, December 17th. They now have a GBX 1,600 ($26.37) price target on the stock. Finally, analysts at Panmure Gordon downgraded shares of Babcock International Group to a “hold” rating in a research note to investors on Monday, November 25th. They now have a GBX 1,350 ($22.25) price target on the stock. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 1,367.62 ($22.54).
Babcock International Group (LON:BAB) opened at 1397.00 on Tuesday. Babcock International Group has a one year low of GBX 985.9999 and a one year high of GBX 1403.00. The stock’s 50-day moving average is GBX 1317. and its 200-day moving average is GBX 1229.. The company’s market cap is £5.023 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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