Berenberg Bank Reiterates Buy Rating for Babcock International Group (LON:BAB)

Babcock International Group (LON:BAB)‘s stock had its “buy” rating reissued by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Friday, Marketbeat reports. They currently have a GBX 1,670 price target on the stock. Berenberg Bank’s target price would suggest a potential upside of 13.93% from the stock’s previous close.

A number of other analysts have also issued reports on the stock. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,400 price objective on shares of Babcock International Group in a research note on Monday, November 24th. JPMorgan Chase & Co. raised their price target on shares of Babcock International Group from GBX 1,450 to GBX 1,500 and gave the company an “overweight” rating in a report on Monday, November 24th. Finally, Royal Bank Of Canada boosted their price objective on shares of Babcock International Group from GBX 1,200 to GBX 1,280 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Five analysts have rated the stock with a Buy rating, According to MarketBeat.com, Babcock International Group presently has a consensus rating of “Buy” and a consensus target price of GBX 1,462.50.

Babcock International Group Stock Up 0.1%

Shares of LON:BAB opened at GBX 1,465.75 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 256.62. Babcock International Group has a fifty-two week low of GBX 489.80 and a fifty-two week high of GBX 1,527. The firm’s 50-day simple moving average is GBX 1,273.13 and its 200-day simple moving average is GBX 1,175.44. The company has a market cap of £7.30 billion, a price-to-earnings ratio of 26.27, a PEG ratio of 1.35 and a beta of 1.28.

Babcock International Group (LON:BAB) last issued its earnings results on Friday, November 21st. The company reported GBX 28.50 EPS for the quarter. Babcock International Group had a net margin of 3.77% and a return on equity of 44.68%. As a group, equities research analysts predict that Babcock International Group will post 41.4298019 earnings per share for the current year.

Trending Headlines about Babcock International Group

Here are the key news stories impacting Babcock International Group this week:

• Positive Sentiment: Berenberg Bank has reaffirmed a “buy” rating and set a GBX 1,670 price target, giving formal broker support for upside versus current levels. Berenberg reaffirms buy
• Positive Sentiment: Management succession announced: the long‑serving CEO will retire at year‑end and an internal executive (head of the nuclear unit) will succeed him — presented as a planned handover after a period of transformation, which reduces execution risk from abrupt leadership change. CEO succession announced
• Positive Sentiment: Trading update: Babcock reported strong quarterly trading and reiterated its full‑year margin expectations, signaling confidence in execution and the outlook — a catalyst for investor confidence in near‑term earnings. Company confident on full year outlook
• Positive Sentiment: Order/contract news: Babcock agreed with Indonesia for two more Arrowhead 140 frigates, which supports backlog growth and recurring defence revenue. Indonesia frigate agreement
• Neutral Sentiment: Sector/regulatory context: coverage noting SMEs’ role in UK defence resilience is relevant to Babcock’s supply‑chain and contract environment but has no immediate company‑specific impact. SMEs and defence resilience

Babcock International Group Company Profile

Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation. It designs, procures, operates, and manages critical utility and process equipment; offers asset management, defense and maritime training, information and intelligence, equipment and system, and facilities and infrastructure services, as well as naval platforms; and designs, manufactures, and provides through-life support for mechanical and electrical systems and equipment.