Babcock Intl Group (NASDAQ:BCKIY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Tuesday.

According to Zacks, “Babcock International Group PLC offers engineering support services to the defense, energy, emergency services, transport and education sectors. The Company’s operating segment consists of Marine and Technology, Defence and Security, Support Services and International. Marine and Technology segment offers engineering support services to the Royal Navy. Defence and Security segment provides to the United Kingdom’s armed forces, delivering technical training and asset management. Support Services segment manages assets, delivers programs and teaches vital skills for civil Governments and blue-chip commercial organizations. Mission Critical Services business is a provider of helicopter and fixed-wing emergency services and crew change services for oil and gas operators primarily in Europe and Australia. Babcock International Group PLC is headquartered in London, the United Kingdom. “

Babcock Intl Group (NASDAQ BCKIY) remained flat at $13.05 during midday trading on Tuesday. The company has a market capitalization of $6.59 billion and a P/E ratio of 16.31. Babcock Intl Group has a 1-year low of $11.10 and a 1-year high of $13.00.

ILLEGAL ACTIVITY NOTICE: “Babcock Intl Group (NASDAQ:BCKIY) Downgraded to “Hold” at Zacks Investment Research” was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece of content on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/08/03/babcock-intl-group-nasdaqbckiy-downgraded-to-hold-at-zacks-investment-research.html.

Get a free copy of the Zacks research report on Babcock Intl Group (BCKIY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Stock Ratings for Babcock Intl Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Babcock Intl Group and related stocks with our FREE daily email newsletter.