Babcock International Group PLC Stock Rating Reaffirmed by Liberum Capital (BAB)
Babcock International Group PLC (LON:BAB)‘s stock had its “sell” rating reiterated by investment analysts at Liberum Capital in a note issued to investors on Friday, AnalystRatingsNetwork.com reports.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse initiated coverage on shares of Babcock International Group PLC in a research note on Tuesday. They set an “outperform” rating and a GBX 1,350 ($22.74) price target on the stock. Separately, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Babcock International Group PLC in a research note on Monday. They now have a GBX 1,410.72 ($23.76) price target on the stock. Finally, analysts at Investec upgraded shares of Babcock International Group PLC to a “buy” rating in a research note on Tuesday, April 22nd. They now have a GBX 1,377 ($23.19) price target on the stock, down previously from GBX 1,385 ($23.33). One analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Babcock International Group PLC currently has a consensus rating of “Buy” and an average price target of GBX 1,448.52 ($24.40).
Babcock International Group PLC (LON:BAB) traded down 2.86% on Friday, hitting GBX 1189.00. 1,125,967 shares of the company’s stock traded hands. Babcock International Group PLC has a 52-week low of GBX 946.066 and a 52-week high of GBX 1301.392. The stock’s 50-day moving average is GBX 1282.18 and its 200-day moving average is GBX 1337.. The company’s market cap is £4.275 billion.
Babcock International Group PLC is a holding company. The Company’s segments include Marine and Technology, Defence and Security, Support Services, and International.
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