Babcock International Group PLC Receives Average Rating of “Buy” from Analysts (LON:BAB)
Shares of Babcock International Group PLC (LON:BAB) have received an average recommendation of “Buy” from the sixteen ratings firms that are currently covering the company, AnalystRatingsNetwork.com reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 1,428.67 ($24.04).
Babcock International Group PLC (LON:BAB) opened at 1060.00 on Wednesday. Babcock International Group PLC has a 1-year low of GBX 1051.00 and a 1-year high of GBX 1774.6899. The stock has a 50-day moving average of GBX 1121. and a 200-day moving average of GBX 1270.. The company’s market cap is £3.826 billion.
Several analysts have recently commented on the stock. Analysts at WH Ireland reiterated a “buy” rating on shares of Babcock International Group PLC in a research note on Friday, August 1st. They now have a GBX 1,450 ($24.40) price target on the stock. Separately, analysts at Berenberg Bank cut their price target on shares of Babcock International Group PLC from GBX 1,510 ($25.41) to GBX 1,480 ($24.90) in a research note on Thursday, July 24th. They now have a “buy” rating on the stock. Finally, analysts at Liberum Capital reiterated a “sell” rating on shares of Babcock International Group PLC in a research note on Tuesday, July 22nd. They now have a GBX 1,065 ($17.92) price target on the stock.
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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