Analyst at Peel Hunt Reiterates Babcock International Group PLC (LON:BAB)Stock Rating as a ‘”Hold”’

Babcock International Group PLC (LON:BAB) Logo

Babcock International Group PLC (LON:BAB) Rating Reaffirmed

Babcock International Group PLC (LON:BAB) shares have had their “Hold” Rating reiterated by analysts at Peel Hunt in an analyst report revealed on Friday morning.

Babcock International Group PLC (LON:BAB) Ratings Coverage

Among 7 analysts covering Babcock International Group PLC (LON:BAB), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Babcock International Group PLC has GBX 998 highest and GBX 700 lowest target. GBX 844.57’s average target is 48.69% above currents GBX 568 stock price. Babcock International Group PLC had 28 analyst reports since June 11, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, October 10 by Shore Capital. The stock of Babcock International Group PLC (LON:BAB) has “Hold” rating given on Wednesday, September 19 by Peel Hunt. On Friday, November 30 the stock rating was maintained by Peel Hunt with “Hold”. The rating was maintained by Liberum Capital with “Buy” on Tuesday, October 16. The firm has “Buy” rating by Shore Capital given on Friday, November 2. The stock of Babcock International Group PLC (LON:BAB) has “Buy” rating given on Wednesday, November 21 by Shore Capital. As per Monday, November 26, the company rating was maintained by Liberum Capital. On Monday, June 11 the stock rating was maintained by Liberum Capital with “Buy”. Jefferies maintained Babcock International Group PLC (LON:BAB) rating on Monday, August 6. Jefferies has “Buy” rating and GBX 950 target. Peel Hunt maintained Babcock International Group PLC (LON:BAB) on Thursday, August 30 with “Hold” rating.

The stock decreased 2.30% or GBX 13.4 during the last trading session, reaching GBX 568. About 5.51 million shares traded or 95.26% up from the average. Babcock International Group PLC (LON:BAB) has 0.00% since December 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Babcock International Group PLC, together with its subsidiaries, provides engineering support services for defense, marine, aviation, and nuclear sectors. The company has market cap of 2.87 billion GBP. It operates through Marine and Technology, Defence and Security, Support Services, and International divisions. It has a 8.54 P/E ratio. The firm delivers through-life marine engineering services ranging from supporting naval fleets, commercial marine, engineering consultancy, weapons handling, equipment support, intelligence and cyber-security, and technical training to defense and civil customers.

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