Babcock International Group PLC (LON:BAB)‘s stock had its “neutral” rating reissued by equities research analysts at BNP Paribas in a research report issued to clients and investors on Monday. They currently have a GBX 1,050 ($12.80) target price on the stock. BNP Paribas’ price target suggests a potential upside of 5.37% from the stock’s previous close.

Several other research analysts have also commented on the stock. Liberum Capital lifted their price target on shares of Babcock International Group PLC from GBX 900 ($10.97) to GBX 1,050 ($12.80) and gave the company a “hold” rating in a report on Thursday, September 29th. Goldman Sachs Group Inc. reaffirmed a “conviction-buy” rating and issued a GBX 1,480 ($18.04) price target on shares of Babcock International Group PLC in a report on Thursday, September 8th. Credit Suisse Group AG reaffirmed a “neutral” rating and issued a GBX 950 ($11.58) price target (down from GBX 1,250 ($15.23)) on shares of Babcock International Group PLC in a report on Tuesday, June 28th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 1,121 ($13.66) price target on shares of Babcock International Group PLC in a report on Friday, October 14th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Babcock International Group PLC in a report on Thursday, September 29th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of GBX 1,174.92 ($14.32).

Analyst Recommendations for Babcock International Group PLC (LON:BAB)

Babcock International Group PLC (LON:BAB) opened at 991.00 on Monday. Babcock International Group PLC has a one year low of GBX 780.00 and a one year high of GBX 1,112.00. The stock’s market capitalization is GBX 4.99 billion. The firm has a 50-day moving average of GBX 1,055.72 and a 200-day moving average of GBX 996.54.

In related news, insider Hardy,Roger purchased 10,417 shares of Babcock International Group PLC stock in a transaction dated Friday, July 29th. The stock was bought at an average cost of GBX 965 ($11.76) per share, with a total value of £100,524.05 ($122,515.60).

About Babcock International Group PLC

Babcock International Group PLC is a holding company. The Company is an engineering support services company. The Company offers support to the defense, energy, emergency services, transport and education sectors. Its segments include Marine and Technology, Defence and Security, Support Services and International.

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