Babcock Intl Group (NASDAQ:BCKIY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Thursday. The brokerage currently has a $13.00 price target on the stock. Zacks Investment Research‘s price target points to a potential upside of 14.04% from the company’s current price.

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) opened at 11.40 on Thursday. Babcock Intl Group has a 12 month low of $10.50 and a 12 month high of $13.05. The company has a market cap of $5.76 billion and a P/E ratio of 14.00.

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