Babcock International Group plc (LON:BAB)‘s stock had its “buy” rating reiterated by equities research analysts at Liberum Capital in a research note issued on Friday. They presently have a GBX 1,100 ($14.47) price target on the stock. Liberum Capital’s price objective would indicate a potential upside of 35.38% from the stock’s previous close.

Other equities analysts have also issued reports about the company. Shore Capital reissued a “buy” rating on shares of Babcock International Group plc in a research note on Thursday, July 13th. Peel Hunt reissued a “buy” rating and set a GBX 1,085 ($14.27) price target on shares of Babcock International Group plc in a research note on Thursday, July 13th. J P Morgan Chase & Co reissued an “overweight” rating and set a GBX 1,365 ($17.95) price target on shares of Babcock International Group plc in a research note on Thursday, September 21st. Credit Suisse Group dropped their price target on Babcock International Group plc from GBX 1,030 ($13.55) to GBX 925 ($12.17) and set a “neutral” rating for the company in a research note on Thursday, August 17th. Finally, Morgan Stanley dropped their price target on Babcock International Group plc from GBX 1,110 ($14.60) to GBX 975 ($12.82) and set an “overweight” rating for the company in a research note on Thursday, September 28th. Three analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Babcock International Group plc currently has an average rating of “Buy” and an average price target of GBX 1,117.30 ($14.70).

Babcock International Group plc (LON:BAB) opened at GBX 812.50 ($10.69) on Friday. Babcock International Group plc has a one year low of GBX 792.53 ($10.42) and a one year high of GBX 1,030 ($13.55).

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About Babcock International Group plc

Babcock International Group PLC is a holding company. The Company provides engineering services. Its segments include Marine and Technology, Defence and Security, Support Services and International. The Marine and Technology segment delivers support to the United Kingdom Royal Navy’s submarines, naval ships and infrastructure.

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

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