Panmure Gordon reiterated their buy rating on shares of Babcock International Group PLC (LON:BAB) in a research report released on Tuesday. Panmure Gordon currently has a GBX 1,108 ($13.84) price target on the stock.

BAB has been the subject of a number of other research reports. Credit Suisse Group AG reissued a neutral rating and issued a GBX 1,080 ($13.49) target price on shares of Babcock International Group PLC in a research report on Thursday, September 29th. Liberum Capital boosted their target price on Babcock International Group PLC from GBX 900 ($11.24) to GBX 1,050 ($13.12) and gave the stock a hold rating in a research report on Thursday, September 29th. Peel Hunt reaffirmed a buy rating and set a GBX 1,121 ($14.01) price target on shares of Babcock International Group PLC in a research report on Friday, October 14th. BNP Paribas reaffirmed a neutral rating and set a GBX 1,050 ($13.12) price target on shares of Babcock International Group PLC in a research report on Monday, September 12th. Finally, Canaccord Genuity reaffirmed a buy rating and set a GBX 1,200 ($14.99) price target on shares of Babcock International Group PLC in a research report on Tuesday, October 18th. One 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’s stock. Babcock International Group PLC presently has an average rating of Buy and a consensus target price of GBX 1,172.23 ($14.65).

Babcock International Group PLC (LON:BAB) opened at 952.00 on Tuesday. The stock has a 50 day moving average of GBX 993.72 and a 200-day moving average of GBX 1,000.82. Babcock International Group PLC has a 52-week low of GBX 780.00 and a 52-week high of GBX 1,112.00. The company’s market capitalization is GBX 4.80 billion.

The firm also recently declared a dividend, which will be paid on Monday, January 16th. Shareholders of record on Thursday, December 8th will be paid a GBX 6.50 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, December 8th. This represents a yield of 0.69%.

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Babcock International Group PLC Company Profile

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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