Babcock International Group PLC (LON:BAB)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank AG in a report issued on Thursday.

Several other brokerages also recently commented on BAB. Goldman Sachs Group Inc. restated a “conviction-buy” rating and set a GBX 1,480 ($18.49) price objective on shares of Babcock International Group PLC in a research report on Thursday, September 8th. Shore Capital reaffirmed a “buy” rating on shares of Babcock International Group PLC in a research note on Thursday, September 29th. Credit Suisse Group AG reaffirmed a “neutral” rating and set a GBX 1,080 ($13.49) target price on shares of Babcock International Group PLC in a research note on Thursday, September 29th. Liberum Capital raised their target price on shares of Babcock International Group PLC from GBX 900 ($11.24) to GBX 1,050 ($13.12) and gave the company a “hold” rating in a research note on Thursday, September 29th. Finally, BNP Paribas reaffirmed a “neutral” rating and set a GBX 1,050 ($13.12) target price on shares of Babcock International Group PLC in a research note on Monday, September 26th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Babcock International Group PLC presently has a consensus rating of “Buy” and a consensus price target of GBX 1,172.23 ($14.65).

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

Babcock International Group PLC (LON:BAB) opened at 956.00 on Thursday. The stock’s 50 day moving average is GBX 991.09 and its 200 day moving average is GBX 1,000.96. The company’s market capitalization is GBX 4.82 billion. Babcock International Group PLC has a 52 week low of GBX 780.00 and a 52 week high of GBX 1,112.00.

The business also recently disclosed a dividend, which will be paid on Monday, January 16th. Investors of record on Thursday, December 8th will be issued a dividend of GBX 6.50 ($0.08) per share. 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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