Peel Hunt reiterated their buy rating on shares of Babcock International Group PLC (LON:BAB) in a research report released on Tuesday. They currently have a GBX 1,121 ($14.01) price target on the stock.

A number of other research firms have also recently commented on BAB. Goldman Sachs Group Inc. reiterated a conviction-buy rating and issued a GBX 1,480 ($18.49) price target on shares of Babcock International Group PLC in a research note on Thursday, September 8th. Shore Capital reiterated a buy rating on shares of Babcock International Group PLC in a research note on Thursday, September 29th. Credit Suisse Group AG reiterated a neutral rating and issued a GBX 1,080 ($13.49) price target on shares of Babcock International Group PLC in a research note on Thursday, September 29th. Liberum Capital raised their price objective 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 note on Thursday, September 29th. Finally, BNP Paribas restated a neutral rating and issued a GBX 1,050 ($13.12) price objective on shares of Babcock International Group PLC in a research note on Monday, September 26th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. The stock 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. 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 company’s 50 day moving average price is GBX 993.72 and its 200-day moving average price is GBX 1,000.82.

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

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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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