BNP Paribas restated their neutral rating on shares of Babcock International Group PLC (LON:BAB) in a research report report published on Monday morning. They currently have a GBX 1,050 ($13.12) target price on the stock.

Several other research analysts also recently commented on the stock. Liberum Capital raised their price objective on shares of Babcock International Group PLC from GBX 900 ($11.24) to GBX 1,050 ($13.12) and gave the stock 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 ($18.49) price objective on shares of Babcock International Group PLC in a report on Thursday, September 8th. Peel Hunt reaffirmed a buy rating and issued a GBX 1,121 ($14.01) price objective on shares of Babcock International Group PLC in a report on Friday, October 14th. Shore Capital reaffirmed a buy rating on shares of Babcock International Group PLC in a report on Thursday, September 29th. Finally, JPMorgan Chase & Co. reaffirmed an overweight rating and issued a GBX 1,440 ($17.99) price objective on shares of Babcock International Group PLC in a report on Wednesday, October 19th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of GBX 1,172.23 ($14.65).

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

Shares of Babcock International Group PLC (LON:BAB) opened at 946.00 on Monday. The company’s market cap is GBX 4.77 billion. Babcock International Group PLC has a 1-year low of GBX 780.00 and a 1-year high of GBX 1,112.00. The firm’s 50 day moving average is GBX 995.07 and its 200-day moving average is GBX 1,000.73.

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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