BNP Paribas restated their neutral rating on shares of Babcock International Group PLC (LON:BAB) in a report released on Monday. They currently have a GBX 1,050 ($13.00) price objective on the stock.

BAB has been the subject of several other research reports. Liberum Capital restated a hold rating and set a GBX 1,000 ($12.38) price target on shares of Babcock International Group PLC in a research note on Thursday, July 21st. Goldman Sachs Group Inc. restated a conviction-buy rating and set a GBX 1,480 ($18.32) price target on shares of Babcock International Group PLC in a research note on Thursday, September 8th. Credit Suisse Group AG restated a neutral rating and set a GBX 950 ($11.76) price target (down previously from GBX 1,250 ($15.47)) on shares of Babcock International Group PLC in a research note on Tuesday, June 28th. JPMorgan Chase & Co. restated an overweight rating and set a GBX 1,427 ($17.66) price target on shares of Babcock International Group PLC in a research note on Friday, July 22nd. Finally, Deutsche Bank AG restated a buy rating and set a GBX 1,135 ($14.05) price target on shares of Babcock International Group PLC in a research note on Friday, July 22nd. One analyst has rated the stock with a sell rating, three have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of GBX 1,174.92 ($14.54).

Shares of Babcock International Group PLC (LON:BAB) opened at 992.2500 on Monday. The firm’s market capitalization is GBX 5.00 billion. The company’s 50 day moving average price is GBX 1,062.58 and its 200-day moving average price is GBX 995.12. Babcock International Group PLC has a 52 week low of GBX 780.00 and a 52 week high of GBX 1,112.00.

In other news, insider Hardy,Roger purchased 10,417 shares of Babcock International Group PLC stock in a transaction dated Friday, July 29th. The stock was purchased at an average cost of GBX 965 ($11.94) per share, for a total transaction of £100,524.05 ($124,410.95).

About Babcock International Group PLC

Babcock International Group PLC is a United Kingdom-based engineering support services company, which delivers complex and critical support to the defense, emergency services, energy, transport and education sectors, both in the United Kingdom and overseas. The Company is a supplier to all three of the United Kingdom’s armed forces, providing through-life support for naval and land fleets, technical training and asset management through its Marine & Technology and Defense and Security divisions.

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