Babcock International Group PLC (LON:BAB) had its target price increased by stock analysts at BNP Paribas from GBX 900 ($13.02) to GBX 1,050 ($15.19) in a research note issued to investors on Friday. The firm presently has a “neutral” rating on the stock. BNP Paribas’ price objective indicates a potential upside of 1.74% from the company’s previous close.

Several other analysts have also recently issued reports on BAB. Liberum Capital restated a “sell” rating and set a GBX 1,000 ($14.47) price objective on shares of Babcock International Group PLC in a research note on Thursday, January 28th. Peel Hunt restated a “buy” rating and set a GBX 1,164 ($16.84) price objective on shares of Babcock International Group PLC in a research note on Thursday, January 28th. Stifel Nicolaus restated a “buy” rating and set a GBX 1,280 ($18.52) price objective on shares of Babcock International Group PLC in a research note on Thursday, January 28th. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 1,427 ($20.65) price objective on shares of Babcock International Group PLC in a research note on Monday, February 1st. Finally, Shore Capital reaffirmed a “buy” rating on shares of Babcock International Group PLC in a report on Wednesday, February 17th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and thirteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of GBX 1,197.20 ($17.32).

Shares of Babcock International Group PLC (LON:BAB) opened at 1026.0000 on Friday. The stock’s market cap is GBX 5.16 billion. The stock’s 50 day moving average price is GBX 970.54 and its 200-day moving average price is GBX 961.90. Babcock International Group PLC has a 52 week low of GBX 840.00 and a 52 week high of GBX 1,152.76.

The business also recently disclosed a dividend, which will be paid on Friday, August 12th. Stockholders of record on Thursday, June 30th will be given a dividend of GBX 19.75 ($0.29) per share. The ex-dividend date of this dividend is Thursday, June 30th. This represents a dividend yield of 1.92%. This is an increase from Babcock International Group PLC’s previous dividend of $6.05.

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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