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Analysts at Davidson increased their target price on shares of Babcock & Wilcox Co (NYSE:BWC) from $34.00 to $37.00 in a research report issued to clients and investors on Wednesday, ARN reports. Davidson’s price target would suggest a potential upside of 13.71% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “equal weight” rating on shares of Babcock & Wilcox Co in a research note on Monday, April 21st. They now have a $37.00 price target on the stock. Separately, analysts at Johnson Rice raised their price target on shares of Babcock & Wilcox Co from $38.00 to $40.00 in a research note on Tuesday, April 15th. Finally, analysts at Credit Agricole reiterated an “underperform” rating on shares of Babcock & Wilcox Co in a research note on Thursday, April 10th. They now have a $35.00 price target on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $35.79.

Babcock & Wilcox Co (NYSE:BWC) traded down 0.34% on Wednesday, hitting $32.43. The stock had a trading volume of 858,018 shares. Babcock & Wilcox Co has a one year low of $27.56 and a one year high of $36.00. The stock’s 50-day moving average is $33.94 and its 200-day moving average is $33.43. The company has a market cap of $3.581 billion and a price-to-earnings ratio of 10.60.

Babcock & Wilcox Co (NYSE:BWC) last released its earnings data on Monday, May 12th. The company reported $0.42 EPS for the quarter, missing the Thomson Reuters consensus estimate of $42.00 by $41.58. The company had revenue of $662.00 million for the quarter, compared to the consensus estimate of $704.81 million. During the same quarter in the prior year, the company posted $0.46 earnings per share. The company’s quarterly revenue was down 17.8% on a year-over-year basis. Analysts expect that Babcock & Wilcox Co will post $2.15 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, June 13th. Investors of record on Friday, May 23rd will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.23%. The ex-dividend date is Wednesday, May 21st.

The Babcock & Wilcox Company (NYSE:BWC) is a technology innovator in power generation systems, a specialty constructor of nuclear components and a service provider in its segments.

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