Babcock International Group PLC Stock Rating Reaffirmed by Investec (BAB)
Babcock International Group PLC (LON:BAB)‘s stock had its “buy” rating reaffirmed by equities research analysts at Investec in a research note issued to investors on Monday. They currently have a GBX 1,377 ($23.16) price target on the stock. Investec’s price target would indicate a potential upside of 15.91% from the stock’s previous close.
BAB has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “sell” rating on shares of Babcock International Group PLC in a research note on Friday. Separately, analysts at Credit Suisse initiated coverage on shares of Babcock International Group PLC in a research note on Tuesday, May 13th. They set an “outperform” rating and a GBX 1,350 ($22.71) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Babcock International Group PLC in a research note on Monday, May 12th. They now have a GBX 1,600 ($26.91) price target on the stock. One investment 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’s stock. Babcock International Group PLC presently has a consensus rating of “Buy” and an average target price of GBX 1,463.08 ($24.61).
Babcock International Group PLC (LON:BAB) opened at 1183.00 on Monday. Babcock International Group PLC has a one year low of GBX 946.066 and a one year high of GBX 1301.392. The stock’s 50-day moving average is GBX 1277. and its 200-day moving average is GBX 1336.56. The company’s market cap is £4.254 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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