Babcock International Group (LON:BAB) Given Buy Rating at Jefferies Financial Group

Babcock International Group (LON:BAB)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a research note issued to investors on Monday,Digital Look reports. They currently have a GBX 1,400 target price on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 39.93% from the stock’s current price.

A number of other equities analysts also recently weighed in on BAB. Royal Bank Of Canada boosted their target price on shares of Babcock International Group from GBX 1,280 to GBX 1,400 and gave the stock an “outperform” rating in a report on Friday, May 15th. Citigroup raised shares of Babcock International Group to a “buy” rating and set a GBX 1,554 price objective for the company in a research report on Wednesday, April 1st. Finally, JPMorgan Chase & Co. dropped their target price on shares of Babcock International Group from GBX 1,700 to GBX 1,500 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 1,504.80.

Babcock International Group Trading Down 4.3%

Shares of Babcock International Group stock opened at GBX 1,000.50 on Monday. Babcock International Group has a 12-month low of GBX 934.76 and a 12-month high of GBX 1,527. The stock has a market cap of £4.89 billion, a P/E ratio of 17.93, a P/E/G ratio of 1.35 and a beta of 0.89. The company has a quick ratio of 0.76, a current ratio of 0.82 and a debt-to-equity ratio of 147.82. The business’s 50 day moving average is GBX 1,091.02 and its 200-day moving average is GBX 1,248.75.

About Babcock International Group

Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation. It designs, procures, operates, and manages critical utility and process equipment; offers asset management, defense and maritime training, information and intelligence, equipment and system, and facilities and infrastructure services, as well as naval platforms; and designs, manufactures, and provides through-life support for mechanical and electrical systems and equipment.