Shore Capital Keeps The Buy Rating They’ve had for Babcock International Group PLC (LON:BAB) Shares

Babcock International Group PLC (LON:BAB) Logo

Babcock International Group PLC (LON:BAB) Rating Reaffirmed

This Morning, Shore Capital reconfirmed their Buy rating on Babcock International Group PLC (LON:BAB) shares in analysts note published.

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 company was maintained on Wednesday, November 21 by Liberum Capital. As per Wednesday, September 19, the company rating was maintained by Liberum Capital. Peel Hunt maintained Babcock International Group PLC (LON:BAB) on Monday, July 30 with “Hold” rating. The firm earned “Overweight” rating on Thursday, October 11 by JP Morgan. The rating was maintained by Shore Capital on Friday, November 2 with “Buy”. Peel Hunt maintained Babcock International Group PLC (LON:BAB) on Monday, November 19 with “Hold” rating. The firm earned “Buy” rating on Wednesday, November 21 by Shore Capital. The company was maintained on Friday, November 30 by Liberum Capital. The rating was maintained by Peel Hunt on Friday, November 30 with “Hold”. The firm has “Buy” rating given on Thursday, July 19 by Liberum Capital.

The stock decreased 2.30% or GBX 13.4 during the last trading session, reaching GBX 568. About 5.51M 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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