Babcock International Group Given Consensus Recommendation of “Hold” by Brokerages (LON:BAB)
Babcock International Group (LON:BAB) has received a consensus rating of “Hold” from the eighteen analysts that are currently covering the company, Stock Ratings Network.com reports. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 1,364.92 ($22.39).
Shares of Babcock International Group (LON:BAB) traded down 2.19% during mid-day trading on Monday, hitting GBX 1337.00. The stock had a trading volume of 841,470 shares. Babcock International Group has a 52 week low of GBX 1022.00 and a 52 week high of GBX 1437.00. The stock’s 50-day moving average is GBX 1373. and its 200-day moving average is GBX 1259.. The company’s market cap is £4.807 billion.
Several analysts have recently commented on the stock. Analysts at Panmure Gordon reiterated a “hold” rating on shares of Babcock International Group in a research note to investors on Wednesday, February 5th. They now have a GBX 1,350 ($22.15) price target on the stock. Separately, analysts at Peel Hunt upgraded shares of Babcock International Group to a “buy” rating in a research note to investors on Thursday, January 23rd. Finally, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Babcock International Group in a research note to investors on Monday, January 20th. They now have a GBX 1,600 ($26.25) price target on the stock.
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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